Head of CRGL: Cryptocurrencies and Their Role in the Development of the Ukrainian Gambling Industry

Ivan Rudy, Head of the Commission for Regulation of Gambling and Lotteries (CRGL), expressed his opinion on cryptocurrencies in the Ukrainian gambling sector and its future prospects.

Legitimate payment methods available to players today include VISA, MasterCard, Apple Pay, Google Pay, City24, and Easy Pay. What about using cryptocurrencies?

IR: At the moment, everyone has finally recognized the existence of cryptocurrency. I am aware that bills are actively being developed for its legal and comfortable use, including in the field of gambling. Cryptocurrency is a powerful financial instrument, convenient, and in line with modern trends. It’s easy to track, and hopefully, we are getting closer to that.

What does a new payment system need to be included in the list of existing ones serving the gambling industry?

IR: It is important to comply with all conditions and legal requirements to include any payment systems in the list of instruments. CRGL does not issue special licenses for this and does not create barriers.

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