- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
UK Says No to Regulating Crypto as Gambling
A prevailing desire to stigmatize crypto without factoring empirical evidence is what has hampered an attempt to equate crypto to gambling in the UK

According to the government, the proposal by a lawmaker in the country to regulate crypto as a form of gambling would mean that – although crypto would have been dealt a reputational blow – the regulators themselves would be at a loss on how to address cases such as the collapse of FTX.
Crypto Cannot Be Regulated as Gambling
In other words, the UK government does not see a realistic way for gambling regulators to cover the crypto industry and do so in a tenable manner that protects consumers from potential harm. Meanwhile, however, the idea of regulating cryptocurrencies as a form of traditional finance would make people believe that investing in Bitcoin or Ether is as safe as buying stock, a House of Commons committee suggested earlier this week.
The Treasury has said that a system of gambling regulation would not be able to properly assess risk factors in the crypto industry, or correct problems that have to do with insider trading or market manipulation that are covered by mainstream financial regulation.
“The recommendation to rely on gambling regulation would represent a fundamental departure from the Government’s intended approach which reflects recommendations from global standard-setting bodies,” the government added and said that many financial experts agreed with this assessment.
The UK is still hard-pressed to come up with a unified front on crypto regulation such as it is. The country is even lagging behind the European Union, the club of countries it boisterously left several years back, beleaguering the country with new-found problems and admittedly -behind other jurisdictions in regulating crypto.
Rishi Sunak, the current Prime Minister, promised to transform the United Kingdom into a hub for the cryptocurrency industry, but those efforts have been slow going.
Although Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at Gambling News is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Must Read
Legal
August 29, 2025
A23 Challenges India’s Controversial Gaming Ban
More Articles
Industry
September 2, 2025
KSA Strikes Unibet with Weekly Fines Due to Repeated Offences
Casino
September 2, 2025
Criminal Boss “Fat Mike” Denied Compassionate Release from Prison
Industry
September 2, 2025
Crypto.com to Power Underdog’s Prediction Markets Foray
Industry
September 2, 2025
BHA Adds Paul Johnson to Board as John Ferguson Exits
Industry
September 2, 2025
Kazakhstan Could Criminalize Influencers Promoting Gambling Content
Poker
September 2, 2025
Infrared Camera Poker Scam Busted in Birmingham Gambling Dens
Slots
September 2, 2025
Discover the Riches of a Molten Jungle in Play’n GO’s Fire Toad 2
Casino
September 2, 2025
55% of Filipino Gamblers, Unaware of Risks Tied to Illegal Sites
Casino
September 2, 2025
Billionaire Sues Star Sydney Over $57M Gambling Loss
Industry
September 2, 2025
UK Launches New Anti-Fraud Rules Impacting Betting Firms