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The brand new Gambling Act 2005 dependent the new Gaming Commission, and this works just one regulating structure for all forms of playing in britain. The brand new Betting Commission implies that operators meet requirements out of equity, sincerity and you may transparency and points licences to those which meet up with the criteria. However, one of the many issues with the fresh UKGC permit is the strictness not only to your providers plus to the people. Including, players and you can providers need to conform to the newest LCCP (Permit Standards and you can Codes away from Practice) regulations in line with the Playing Act 2014. A few of the strictest LCCP laws question KYC (discover your own customers) and AML practices. By the rigid AML legislation, cryptocurrency options are difficult to find in several UKGC-signed up gambling enterprises.
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