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Author Topic: Liberalization of cryptocurrency in Ukraine - attractiveness for Gambling ?!  (Read 247 times)
suzanne5223
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September 19, 2021, 04:25:42 PM
 #41

Are you ready to potentially play on sites that will be located, or will be registered, in Ukraine?
According to what I read about the Ukraine gambling rules, there's nothing like foreign been restricted from gambling investment.
People from the region where gambling is not restricted can play in Ukraine registered company more so their activities result are fair.

To become a key set of "features" for you that would attract you?
Still can't decide this because I am trying to understand all their gambling rules on https://gc.gov.ua/ but unfortunately there's English version of it yet.

What will be negative for you when placing gambling sites in Ukraine?
Language barrier and their no support for arcades game licence.

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September 19, 2021, 04:52:21 PM
 #42

I'm just excited to see that how they'll make it better for the gamblers to visit those Ukrained registered online casinos.
There's a big competition on this but they can be the oligarch on their own country and leading those gamblers not to gamble with any other casinos but only to the registered one on their country.
What are the big changes you can expect, the freebies they used to provide will be reduced as they are paying the taxes and whether it will change the infrastructure is a big question. Lets see how different it can be, i am not travelling to Ukraine anytime soon but i would like to hear whether there is any standard stipulation they need to follow simply because they started to tax every casino.
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September 19, 2021, 05:53:01 PM
 #43

- Are you ready to potentially play on sites that will be located, or will be registered, in Ukraine?
- To become a key set of "features" for you that would attract you?
- What will be negative for you when placing gambling sites in Ukraine?

We'd be happy to visit it and take a gamble to test what makes it different from other sites, because usually sites that are legal and fairly free are protected by Ukrainian rules and are quite different.
As for the negative values, it all goes back to the views of the people there, whether it disturbs the stability of the individual economy or actually provides fun entertainment. There must also be a positive value, so it all depends on how wisely the casino is legalized with the applicable rules and regulations.

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September 19, 2021, 06:11:21 PM
 #44

- Are you ready to potentially play on sites that will be located, or will be registered, in Ukraine?
- To become a key set of "features" for you that would attract you?
- What will be negative for you when placing gambling sites in Ukraine?
Probably no, i'm willing to check out casinos that are registered in Ukraine or any country as long as they don't have KYC but on the other hand knowing that the government is in involved then KYC is inevitable.

In crypto gambling sites, some features that I like are the instant deposits and withdrawals. Having some adaptability and reward system like vips would be nice as well.

The downsides that I don't like is high minimums specifically the deposits and withdrawals. If it's only limited to Ukraine based gambling sites it's most likely the KYC due to the regulations of the government.


High likely that they will implement KYC to track Ukranian players. Otherwise, they will just tax the casino itself, that is, if it is operating under Ukraine. And nowadays, a lot of crypto gamblers are looking for sites without KYC as well as no restrictions when it comes to their originating country. And luckily, there are really reputable casinos here that doesn't require both.

If the implementation of KYC is enforced, then those of us who intend to visit gambling sites there must enter the same rules? So we will obviously avoid this especially since we are outside the Ukraine. The taxation system of gambling proceeds is it good enough if it is combined with other income? It sounds quite exaggerated, because the nature of taxation is a result that is not obtained from an action / activity of betting.

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