Is Bitcoin Gambling Illegal in the UK?

If you are confused about Bitcoin gambling legality in the United Kingdom, then let us tell you that gambling with Bitcoin always falls into the same category as online gambling with a fiat currency. No matter, wherever you live, if online gambling is legal in your country, then gambling with Bitcoin is also considered as legal, unless Bitcoin is banned in that particular country. 

In the UK, a standout amongst the most energized online industries is Bitcoin betting. It permits everybody gambling with Bitcoins on various Bitcoin game such as Casino, Sportsbook, Arcades, Lotteries etc. Since it brings awesome advantages, for example, anonymity, instant transactions, security, and others, various online players like to get involved in gambling with Bitcoins other than any traditional payment procedure.

Good news for all the BTCRUN users out there in the UK is that the Bitcoin betting industry in the UK is not considered as illegal. According to a report, the UK policymaker suggest about their regulatory position about BTC, including obviously Bitcoin betting platforms. They are not required to enroll with the regulators. Given this, online portals accepting Bitcoins are not viewed as illegal for the time being. They don't really need to be controlled or authorized by the UK Gambling Commission to completely run unlike the existing online betting sites supporting fiat currencies. 

According to a recent report, the UK regulation does not even consider Bitcoin as money. It is considered as a single-purpose voucher that can also carry value-added tax. Let you know that at the current position, Bitcoin exchanges are given a flat 20% VAT. There are many UK-based Bitcoin betting sites which exist on the internet with other Bitcoin gambling sites as well, for example, BTC-Run, which has a very easy and powerful Bitcoin game and allows users for gambling with Bitcoin without any legal issues. You can be from any locality to access BTC Run as well as its Bitcoin betting game. Happy Gambling!