I understand the importance of KYC verification to be carried out by casinos, but since the introduction of use of cryptocurrency in gambling by online casinos and other betting services, does KYC verification from online casinos and sport betting services not directly go against the anonymity that cryptocurrency seeks to provide to people? Does it mean that gambling online anonymously is no longer possible?
^Even casinos themselves hate this KYC procedure because it makes them additional tasks for their staff. It is because they are regulated by the governments and they are required to follow KYC verification to know customers and probably avoid that money laundering since we know that since starting this was the government fighting, to stop money laundering and possibly to fund terrorist activities.
However, we still have gambling casinos that don't have KYC, as long they are here we can avoid using a gambling casino that requires too much heavy KYC procedures.
They do hate KYC because they do know that this community does always love on being anonymous but just like on what most people been saying here is that they do need to comply on whats been asked or else
it wont really be that possible to have those operation specially if the origin of the said platform is living on a country which does have strict rules about gambling businesses or platforms.
