Ontario Regulators Block Crypto Payments for Online Gamblers

The regulated online gaming market in Ontario is growing rapidly, with $82.7 billion in wagers and $2.9 billion in gaming revenue processed in the 2024-25 fiscal year.

This growth has led to a lack of cryptocurrency payment options for players within the province's licensed market, despite its widespread use elsewhere.

The Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario have set strict regulations on funding methods, excluding cryptocurrencies such as Bitcoin and ether.