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Australian Crypto Gamblers Flock to Offshore Casinos Amidst Licensing Restrictions

Guavy AI Editorial Team
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Australia's Interactive Gambling Act of 2001 restricts online casino games for Australian residents, but it doesn't prohibit players from using cryptocurrencies at offshore casinos.

This means that Australians can still play at crypto casinos licensed elsewhere, even though Australian-licensed operators are not allowed to accept cryptocurrency transactions since June 11, 2024.

Reputable online casinos in Curaçao and Malta hold licenses, but the regulatory frameworks differ. Curaçao has lighter oversight, while Malta's licensing process is more stringent, with stronger player protections and dispute resolution processes.

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