Why Are Some Casinos Introducing Know Your Customer Rules?
Online casinos have been expanding in recent years. This is the case in terms of embracing new technologies and finding a wider base of players. The use of cryptocurrencies as a payment method has especially changed the industry as it allows players to make bets without providing personal information.
With the increased adoption, government agencies' regulations on online gambling have also changed their approach. This has led to the introduction of Know Your Customers rules, otherwise used to prevent money laundering.