FreeBitco.in is no longer a KYC free casino! (New terms)

[Mahdirakib]

FreeBitco.in is no longer a KYC free casino

Freebitco was known as a KYC free casino since it was created. But recently they have changed their terms. Now there are a lot of rules in the new terms of Freebitco. They have applied restricted jurisdiction rules as well. Based on this rule, a user shouldn't use FreeBitco.in if he/she is physically located in those restricted countries. Even they have added possible identity verification rules.



I believe that most of the forum members have an account on FreeBitco. Don't forget to read their new Terms. Based on the new terms of Freebitco, the website is owned and operated by "FBC BV". Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

You may follow this thread to get updates about the casinos License and KYC requirements: Information of Crypto Casinos License and KYC requirements.

Note: This topic is self-moderated in order to avoid gambling board spammers. Don't make off-topic discussions, and avoid spamming here.

[1715582099]

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[1715582099]

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[serjent05]

It is expected that eventually, any centralized casino that is registered to secure their license will implement KYC.  Since they wanted to continue servicing their players, they have to succumb to the pressure and regulations of the authority.  Since freebitco.in is among the popular crypto gambling platform, the authority probably have set their eyes on the platform and pressure them to implement KYC.

Although I believe the implementation of the KYC on FreeBitco.in is for verifying people whose service is tagged with irregularities, players who are not fond of KYC may probably look for alternatives.

[notblox1]

Freebitco was known as a KYC free casino since it was created. But recently they have changed their terms. Now there are a lot of rules in the new terms of Freebitco. They have applied restricted jurisdiction rules as well. Based on this rule, a user shouldn't use FreeBitco.in if he/she is physically located in those restricted countries. Even they have added possible identity verification rules.

Do you know any player at Freebitcoin who was asked to perform KYC verification?
It is not a bad idea to follow changes in terms of websites, they often make big changes and people are very lazy in reading everything.
If there is new ownership that can explain changes in website terms, and maybe they got pressured by regulators.

I believe that most of the forum members have an account on FreeBitco.

I think I still have account there, but I am not using it at all, so it is more like I dont have it

[o48o]

FreeBitco.in is no longer a KYC free casino

Freebitco was known as a KYC free casino since it was created. But recently they have changed their terms. Now there are a lot of rules in the new terms of Freebitco. They have applied restricted jurisdiction rules as well. Based on this rule, a user shouldn't use FreeBitco.in if he/she is physically located in those restricted countries. Even they have added possible identity verification rules.



I believe that most of the forum members have an account on FreeBitco. Don't forget to read their new Terms. Based on the new terms of Freebitco, the website is owned and operated by "FBC BV". Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

You may follow this thread to get updates about the casinos License and KYC requirements: Information of Crypto Casinos License and KYC requirements.

Note: This topic is self-moderated in order to avoid gambling board spammers. Don't make off-topic discussions, and avoid spamming here.

It was the last legit one that i know of. I always were wondering how long they managed to stay kyckless for so long. And i doubted that they even did. As to my knowledge non-kyc casinos have been illegal for a while now. The fact that they didn't handle stablecoins or fiat money probably slowed the process but from what i gathered they were obligated to kyc for a while now if they encounter suspicious activity. I just thought that they maybe didn't bother to mention it.

[Wexnident]

I'm guessing they got hit by their website hosting provider or something? Since afaik Freebitco.in doesn't have Curacao so that can't be it, and they've been able to be KYCless for so long after all. That, or they're trying to expand their site so they're building a foundation around it. Guess there won't be a KYC-less site in the long run like this one did.

I believe that most of the forum members have an account on FreeBitco.

Just to add, according to the terms they have (idk if its new, I never read them before), any account that was inactive for 12 months would be deactivated. They can email them back though to reactivate it if they ever wish to do so.

[coin-investor]

It's a surprise coming from probably the oldest faucet/casino in the industry even if my country is not on the list of restricted countries I have second thoughts about continuing here because of their new feature which is the KYC.
I understand because of their license requirement, FreeBitco.in is the most promoted faucet many users especially those on the list and those who are not comfortable with KYC will have to leave FreeBitco.in I have a friend who has a big number of referrals and he is from US soil I guess that will end his journey and his residual profit here in FreeBitco.in

[babygun]

Didn't see this coming and the question now is: how to continue when you are in of those countries? I have a nice amount at freebitco.in to benefit from the interest but located in one of the restricted countries, so what are the next steps? I hope TheQuin or Wetsuit could explain more on this topic as I don't want to loose all that money.

[wxa7115]

Didn't see this coming and the question now is: how to continue when you are in of those countries? I have a nice amount at freebitco.in to benefit from the interest but located in one of the restricted countries, so what are the next steps? I hope TheQuin or Wetsuit could explain more on this topic as I don't want to loose all that money.

Without a doubt this is a problem and it show us why when a platform is looking to make such a major change they should give their clients a period of time so they can adapt to the new set of rules and regulations and stop gambling there if needed be.

Your only option is to contact their customer support immediately and ask for the chance to make a withdrawal, otherwise if you start this process on your own without letting them know they may argue you violated their new TOS and forbid you to get access to your coins.

[NABiT]

Didn't see this coming and the question now is: how to continue when you are in of those countries? I have a nice amount at freebitco.in to benefit from the interest but located in one of the restricted countries, so what are the next steps? I hope TheQuin or Wetsuit could explain more on this topic as I don't want to loose all that money.

Likewise, quite unsettling.

[danherbias07]

Didn't see this coming and the question now is: how to continue when you are in of those countries? I have a nice amount at freebitco.in to benefit from the interest but located in one of the restricted countries, so what are the next steps? I hope TheQuin or Wetsuit could explain more on this topic as I don't want to loose all that money.

That's a big problem that must be solved as fast as possible before they could close the IP on the restricted countries. I mean, they must inform their customers who have balances in their accounts that they must withdraw as soon as possible or they could give them time to do the necessary steps and take out the money. Not everyone will be online when this is implemented, some, just like you may have been investing their money only and only monitor it weekly or monthly.
Very big change from one of the popular dice and lotto sites that I knew. I hope this doesn't affect their business as a part of their customers won't be able to use their service anymore. It's somehow sad but let us wish they could expand the number of countries that they will be accommodating.

[Cantsay]

Didn't see this coming and the question now is: how to continue when you are in of those countries? I have a nice amount at freebitco.in to benefit from the interest but located in one of the restricted countries, so what are the next steps? I hope TheQuin or Wetsuit could explain more on this topic as I don't want to loose all that money.

I guess those that falls uner that catergory and still have some funds in their account should be given the chance to withdraw their funds from their site, but the onl now is; what if the money in their account is not up to the minimum withdrawal amount? will freebitco.in make the an exception so that they can withdrawal their funds? Fortunately for me, I don't fall into this sets of people but it's would be nice to know what freebitco indeed to do about about it.

It seems like haven't fully implented it because I went to check my account if perhaps they created a verification section for user, just like how others do theirs but couldn't find one, or am I missing something here?

[Don Pedro Dinero]

Didn't see this coming <...>

Likewise, quite unsettling.

I didn't see it coming either. I have been quite pessimistic about the future of casinos and KYC, and this confirms it. It is the tallest tower I hoped would never fall.

On the other hand, I don't see the logic of why these countries and not others. My guess is that in the future the list of countries will expand, as there are more European countries where to offer gambling services you need to have a licence that freebitco.in does not have.

[noorman0]

Op's screenshot shows T&C popup available on signup procsess, can someone provide a link to T&C in logging in state? I'm an old user and my bad I never found the T&C page as far as I searched on some of the freebitco pages.

-snip-
Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

Freebitco also restricts curacao users, I think there is no way a company registered in country X will restrict users from the same base. cmiiw

[tusandii]

I didn't see it coming either. I have been quite pessimistic about the future of casinos and KYC, and this confirms it. It is the tallest tower I hoped would never fall.

-snip-

Since the beginning I have believed that in the future more and more casinos will implement KYC and of course some countries that are banned really cannot access Freebitco.in.
To be honest I prefer licensed casinos even though they have to provide KYC requirements to be able to register or play, besides KYC isn't too bad either.

[kotajikikox]

So the time of abusers are ended ? because their freespin and airdrops are being abused since then so with this  KYC verification the limit of users joining and will only active players will be seeing online from now.
though it has been expected that KYC verification will takes place in each crypto connected business yet its sad seeing one of the oldest casino is now joining those LYC asking sites that use to be not seeking in day 1 .
anyway thanks for this update OP since i have not been visiting my account in freebitco.in for years now and will check this out.

[FinneysTrueVision]

According to the Internet Archive these new terms have been implemented less than a month ago. I feared this day would eventually come. Recently they seem to have an increased focus on the licensed KYC casinos that under their ownership. Their XFUN wallet also has KYC features which I found odd since it's purpose is to support their decentralized gaming token. Any time they've promoted anything having to do with their FUN token they've emphasized the decentralized aspect but that doesn't really align with the measures they've been taking.

Op's screenshot shows T&C popup available on signup procsess, can someone provide a link to T&C in logging in state? I'm an old user and my bad I never found the T&C page as far as I searched on some of the freebitco pages.

-snip-
Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

Freebitco also restricts curacao users, I think there is no way a company registered in country X will restrict users from the same base. cmiiw

Setting up a BV, privately held company, is a requirement for acquiring a Curacao license so they are either already licensed or in the process of getting licensed. Once you are a licensee you are not allowed to accept citizens from Curacao.

[Oshosondy]

Although I believe the implementation of the KYC on FreeBitco.in is for verifying people whose service is tagged with irregularities, players who are not fond of KYC may probably look for alternatives.

There are still alternatives but they are reducing in number one by one day by day. The days of gambling without KYC verification is becoming unrealistic again. What some sites did was that they started without KYC, but they are now requiring KYC. With time you will see more gambling sites that will begin with KYC compulsorily. The whole crypto space has changed to KYC places, unlike before. I do not mind of getting verified though because gambling sites are not places I saved money, I only gamble there and my country do not ban gambling.

[TheQuin]

Setting up a BV, privately held company, is a requirement for acquiring a Curacao license so they are either already licensed or in the process of getting licensed. Once you are a licensee you are not allowed to accept citizens from Curacao.

The BV is actually in Costa Rica rather than Curacao so there's no licencing issue. We actually moved the company there a while ago and wetsuit had discussed with me the possibility of adding new ToS at the time. The only reasons we discussed were to make the site look more professional and to keep the lawyers happy about not violating any CR laws.

It isn't having any effect on how the site is run. The only issues I deal with are multi-accounting and botting abuse.

[Mahdirakib]

Do you know any player at Freebitcoin who was asked to perform KYC verification?

They have implemented the new terms in this month. Probably Freebitco team hasn't applied the identity verification rules to anyone yet. But they might do it in the near future.

I'm guessing they got hit by their website hosting provider or something? Since afaik Freebitco.in doesn't have Curacao so that can't be it, ~

Hosting provider has nothing to do with the terms of a website. Freebitco doesn't have any gambling license, but now it seems like they have got one. I have mentioned it in the main post too. FYI, all the terms have been added recently in Freebitco. The inactive account related term is new too.

Didn't see this coming and the question now is: how to continue when you are in of those countries? ~

Well, this is going to be a serious issue for the implementation of the new terms. TheQuin has already given a reply above.

~snip~ or am I missing something here?

Based on the terms, the will use a "third-party information provider" service for the identity verification process.

~ can someone provide a link to T&C in logging in state?
Freebitco also restricts curacao users, ~

You can check it from any browser with which you aren't logged into Freebitco. There is no dedicated link for the terms page of the site. Curacao provides online gambling license, but online gambling is illegal in Curacao.

The BV is actually in Costa Rica rather than Curacao so there's no licencing issue.

Thanks for the reply. I thought FBC BV is under Curacao as there is a registered company with the same name on "Curaçao Commercial Register".

It isn't having any effect on how the site is run. The only issues I deal with are multi-accounting and botting abuse.

But how will the terms affect those users who already have an account in Freebitco and physically located in those restricted countries?

[crwth]

It must have been something related to regulatory frameworks, and they have probably been approached by gambling authorities or any other authorities in its operating location.

Maybe it's also their choice to have the restrictions because of possible problems they encounter.

• Fraudulent Activities
• Compliances to governing entities
• Reputation
• Responsible gambling
• Expansion of catered members

There could be a lot of reasons for them to proceed on that, but maybe it's for the best? Idk. Is anybody against it?

[TheQuin]

Do you know any player at Freebitcoin who was asked to perform KYC verification?

They have implemented the new terms in this month. Probably Freebitco team hasn't applied the identity verification rules to anyone yet. But they might do it in the near future.

It was about weeks ago. No we haven't and I very much doubt we ever will.

~

It isn't having any effect on how the site is run. The only issues I deal with are multi-accounting and botting abuse.

But how will the terms affect those users who already have an account in Freebitco and physically located in those restricted countries?

I was as surprised as everyone else when the ToS was updated. I haven't been given any instructions from wetsuit to implement any rules over and above the old ToS or how to answer these questions. As far as I understand it simply gives us legal protection in CR to state that users are responsible ie "You agree that" which means it's not our fault.

[Kakmakr]

This is devastating news, because Freebitco.in has always been the last bastion for Bitcoin's pseudo anonymous services. I have been a member of Freebitco.in since the days when they were simply a faucet.

Wetsuit completely changed that business model back then, because the faucet were not sustainable with the advertisers not willing to pay for "poor" traffic. (their target market are not people who rely on hourly faucet drops)

I guess they are going to legitimize the site now, but they are going to lose a lot of users. Wetsuit obviously did the math, so I guess it will not bring down the site, but people are not going to be happy with this decision. 

I hope "restricted" users will not find that their accounts are going to be "locked" and withdrawals being blocked?

[TheQuin]

I hope "restricted" users will not find that their accounts are going to be "locked" and withdrawals being blocked?

I have already answered that twice. The only blocking is for multi-accounting and botting.

[Sim_card]

No business or casino can survive without being centralized. FreeBitco.ng has been pushed to government regulations and because they want to continue operating, they have to dance to the tone of the government. I don't think that any non KYC casino is legal because the government wouldn't accept such operation. Whatever,providing any casino with KYC shouldn't be what can stop one from having fun by gambling on their platform. I only feel for those that has some funds in their FreeBitco.ng wallet and their country was among the restricted countries,something should be done fast on how they can make a withdrawal of their funds.

[TheQuin]

~FreeBitco.ng has been pushed to government regulations and because they want to continue operating, they have to dance to the tone of the government.~

No. We weren't pushed by anyone. As I have already stated we just wanted to make the site look more professional. As much as I liked the old 3 line ToS it did look a bit amateurish. Getting the lawyers to draft up a professional ToS is something we've been mulling over for a couple of years.

[Crypt0Gore]

Much appreciated for the update, I don't even know until now and I still use my account on the website, I am think they have make it big this time and they have no choice but to comply and regulate the platform, freebitco started as a joke like all other faucets of it's time and now it's growing into a bigger gambling platform, if they are to keep running this business they have to get the necessary papers and of cos start asking for KYC verifications, I am not surprised this happened, it's been a long time coming for them to go this road, they don't have a choice it seems.

TheQuin, KYC can't stop multiple accounting, this days it's easier for people to pass KYC verification with different KYC information and all still belonging to one person.

[ethereumhunter]

I am not surprised to see that. Finally, freebitco follows the other casinos to implement KYC for some of its members from certain countries. This is likely to happen to other crypto casinos as the government is currently monitoring them and one day, these casinos will also be required to implement KYC. I already predicted this would happen some time ago.

But it is true what @TheQuin said. It makes freebitco reach new levels and become a more serious and professional business. Members will see that this new ToS can become a sign that freebitco is a legit site that has operated for a long time. From a joke site, become a professional site. This is a big movement for freebitco.in itself.

From the list shown by @OP, I can still play the faucet freely and hopefully, I won't be asked to do KYC later. And it seems that crypto gamblers can't play gambling freely anymore like before with the regulations implementing KYC, especially those used to using big money.

[iv4n]

...
TheQuin, KYC can't stop multiple accounting, this days it's easier for people to pass KYC verification with different KYC information and all still belonging to one person.

I don't think that a 100% effective measure against multi-accounting and bots exists. But KYC is probably slowing them down... I guess we can't really imagine how many people try to abuse Freebitcoin in some way on a daily basis. When some free money is involved it can be really messy from what I know.

I am glad to see TheQuin joining the conversation. I guess we can relax and continue to be active on Freebitcoin...

[TheQuin]

...
TheQuin, KYC can't stop multiple accounting, this days it's easier for people to pass KYC verification with different KYC information and all still belonging to one person.

I don't think that a 100% effective measure against multi-accounting and bots exists. But KYC is probably slowing them down... I guess we can't really imagine how many people try to abuse Freebitcoin in some way on a daily basis. When some free money is involved it can be really messy from what I know.

I am glad to see TheQuin joining the conversation. I guess we can relax and continue to be active on Freebitcoin...

Even if it wasn't easy for people to fake multiple IDs it wouldn't be viable as means to stop multi-accounting because of the costs associated with verifying KYC information. It would be far too expensive.

[Haunebu]

Nothing surprising. More and more crypto gambling sites are enforcing KYC under certain conditions with time due to regulatory pressure which is perfectly understandable, but mandatory KYC isn't understandable at all.

Sad to see Freebitco go this route by adapting in this manner in order to survive.

[piebeyb]

As an old user, I just found out about this new regulation, it really surprised me because as far as I know, so far, FreeBitcoin is KYC-free, I think that maybe many users are abusing this site so that it makes the rules more stringent, indirectly maybe I will support this if this regulation is for preventing multi accounts that have been seen messing up all the faucet prizes and hurting honest players.

I just saw this thread maybe I'll keep track of the progress of the TOS changes on their site. I also hope that the new terms of their site can produce something good in the end in their favor, honest users and playing fair all this time. often see a lot out there about bots and abuse to get btc from this site. very sad

[ultrloa]

Nothing surprising. More and more crypto gambling sites are enforcing KYC under certain conditions with time due to regulatory pressure which is perfectly understandable, but mandatory KYC isn't understandable at all.

Sad to see Freebitco go this route by adapting in this manner in order to survive.

If they didn't adopt then maybe they might suffer some problems on their operation so good thing they comply since we will see them how serious they are for maintaining their casino. Also we shouldn't get worried about it since for the longest time of operation they already gather good reputation so I guess this KYC implementation will not be a provably to majority of their gamblers.

[Wapfika]

Nothing surprising. More and more crypto gambling sites are enforcing KYC under certain conditions with time due to regulatory pressure which is perfectly understandable, but mandatory KYC isn't understandable at all.

Sad to see Freebitco go this route by adapting in this manner in order to survive.

If they didn't adopt then maybe they might suffer some problems on their operation so good thing they comply since we will see them how serious they are for maintaining their casino. Also we shouldn't get worried about it since for the longest time of operation they already gather good reputation so I guess this KYC implementation will not be a provably to majority of their gamblers.

As per Quinn's reply few posts above, They just update it to become more professional from a legal perspective but they still didn't implement it at this moment. The casino still running on the same rules and the ToS update is just for professionals and at the same time to protect them when regulators start to knock on their door. I think this should be highlighted to avoid confusion but maybe in the future, they might fully implement it. No one knows when.

[avp2306]

Nothing surprising. More and more crypto gambling sites are enforcing KYC under certain conditions with time due to regulatory pressure which is perfectly understandable, but mandatory KYC isn't understandable at all.

Sad to see Freebitco go this route by adapting in this manner in order to survive.

If they didn't adopt then maybe they might suffer some problems on their operation so good thing they comply since we will see them how serious they are for maintaining their casino. Also we shouldn't get worried about it since for the longest time of operation they already gather good reputation so I guess this KYC implementation will not be a provably to majority of their gamblers.

As per Quinn's reply few posts above, They just update it to become more professional from a legal perspective but they still didn't implement it at this moment. The casino still running on the same rules and the ToS update is just for professionals and at the same time to protect them when regulators start to knock on their door. I think this should be highlighted to avoid confusion but maybe in the future, they might fully implement it. No one knows when.

Yes this should be highlighted correctly since there are people doesn't really read the implementation they do and just been scared about the word Kyc since maybe some of them still skeptical about this even if the casino is considered as one of trusted in this forum.

But at least there's good updates that we can see so those user can still use freebitco.in just like what they use to be and just prepare for future implementation so no more confusion will happen.

[goldkingcoiner]

Something about the timing of this news is kind of strange to me... Centralized platforms, whether online cryptocurrency gambling casinos or cryptocurrency exchanges are going through with implementing KYC, seemingly as though they have been forced to do so quietly by the government.

A few days ago Kucoin exchange switched to KYC, as though under some coercion. Despite being non-KYC for such a long time now. Now Freebitco.in is going KYC too? Something is going on... A few months back people started warning others to take out their money from centralized exchanges...

Although I do not mind following anti-money-laundering laws and such, I am very skeptical about providing government documents which can be used by identity thieves to take out loans and commit crimes in your name. ID theft has ruined lives.

We need decentralized technology to up its game and we need more advanced decentralized gambling platforms as well as exchanges.

[CarnagexD]

FreeBitco.in is no longer a KYC free casino

Freebitco was known as a KYC free casino since it was created. But recently they have changed their terms. Now there are a lot of rules in the new terms of Freebitco. They have applied restricted jurisdiction rules as well. Based on this rule, a user shouldn't use FreeBitco.in if he/she is physically located in those restricted countries. Even they have added possible identity verification rules.



I believe that most of the forum members have an account on FreeBitco. Don't forget to read their new Terms. Based on the new terms of Freebitco, the website is owned and operated by "FBC BV". Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

You may follow this thread to get updates about the casinos License and KYC requirements: Information of Crypto Casinos License and KYC requirements.

Note: This topic is self-moderated in order to avoid gambling board spammers. Don't make off-topic discussions, and avoid spamming here.

The changes would definitely both have the ups and downs. Probably those players who cannot meet those compliances may not be able to  participate again on games, promos, and casino projects. So many participants before may not get hoped in. But in exchange, this will be a great advantage on big players, the owner of the casino, and other stakeholders. Because this will help to raise the credibility of free bit io since here is more emphasis on the privacy and terms of the website. Scammers and fraud will be lessen or eliminated.

[aioc]

FreeBitco.in is no longer a KYC free casino

Freebitco was known as a KYC free casino since it was created. But recently they have changed their terms. Now there are a lot of rules in the new terms of Freebitco. They have applied restricted jurisdiction rules as well. Based on this rule, a user shouldn't use FreeBitco.in if he/she is physically located in those restricted countries. Even they have added possible identity verification rules.

After nine years they finally gave in to the authorities, FreeBitco.in popularity exploded because of their no KYC and easy terms which is why it's the most promoted platform, its easy to promote this to newbies or who are just starting out investing in Bitcoin and playing in the casino because of their faucets, bonuses, and referral rewards.

The big question here is what will happen to those who are in restricted countries with a lot of referrals there are members with hundreds of referrals that live in the restricted countries, FreeBitco.in will lose a lot of members because of this.

[dwyane36]

As per Quinn's reply few posts above, They just update it to become more professional from a legal perspective but they still didn't implement it at this moment. The casino still running on the same rules and the ToS update is just for professionals and at the same time to protect them when regulators start to knock on their door. I think this should be highlighted to avoid confusion but maybe in the future, they might fully implement it. No one knows when.

Let's hope that the new ToS is just a formal thing and that the conditions on the freebitcoin site will remain the same as it has been for the last 10 years. By the way, it's strange that freebitcoin has specified in the new rules only 7 countries whose users are not allowed to use its site. Other gambling sites usually have a much longer list of restricted jurisdictions, some have 50-60 countries, and others have 80+ countries.

[Mr.right85]

FreeBitco.in is no longer a KYC free casino

Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

You may follow this thread to get updates about the casinos License and KYC requirements: Information of Crypto Casinos License and KYC requirements.

I think not on getting a licence from Curaçao based on the under listed nations under physical prohibition from playing at FreeBitco.in. It would be a little put of place to have a licence from an agency in a prohibited nation, don't you think.

Still, I don't quite understand the term job be something out of the ordinary with them stating "they would be using third party sites for information verification if need be". It's the most w get from a lot of casinos within the space.

The term doesn't seem like a harsh one although, its a need to know for the users that play there to understand if, its something they can accept but, are there any exceptions to already existing customers before the rules was changed?

[Yogee]

[....]Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

This is the first thing that I thought of before opening your topic.

-snip-
Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

Freebitco also restricts curacao users, I think there is no way a company registered in country X will restrict users from the same base. cmiiw

You'll be surprised but Curacao Government actually requires gambling platforms to include their country in the list of forbidden countries.

I got curious about this as well and I've asked about this before in one of my topics. I got this link in one of the responses https://www.curacaowebhosting.com/2018/05/18/where-can-a-curacao-gambling-license-be-used/

To Qualify the above

The Curacao license strictly forbids the following countries Aruba, Bonaire, Curacao, France, The Netherlands, Saba, Statia, St. Maarten, Singapore, USA.

All other countries are fair game.

You can also verify this by looking at the terms and conditions of all Curacao licensed crypto casinos that are advertised here.

[Haunebu]

Let's hope that the new ToS is just a formal thing and that the conditions on the freebitcoin site will remain the same as it has been for the last 10 years.

I doubt that because KYC is a tool that crypto gambling sites can use whenever they want to legally thanks to the TOS in order to do whatever they want without jeopardizing the reputation of their site.

I doubt Freebitco would do anything shady through KYC as a tool, but the possibility cannot be discounted in my opinion.

[examplens]

I don't see any official update from them for existing users, this information can only be found in the terms during registration. It seems to me that this is not the most transparent thing done by them. 

OP, Maybe the title is a bit excessive. They introduced some restrictions for certain countries and announced a possible request for KYC information in case they suspect an attempt to circumvent this rule. So for a large number of users, it is still a no-KYC casino.

[....]Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

This is the first thing that I thought of before opening your topic.

I would rather say that it is not. I think that the Curacao license requires a somewhat longer list of restrictive zones. But maybe this is just the beginning.

[danadc]

Let's hope that the new ToS is just a formal thing and that the conditions on the freebitcoin site will remain the same as it has been for the last 10 years.

I doubt that because KYC is a tool that crypto gambling sites can use whenever they want to legally thanks to the TOS in order to do whatever they want without jeopardizing the reputation of their site.

I doubt Freebitco would do anything shady through KYC as a tool, but the possibility cannot be discounted in my opinion.

It is not clear to me, I have not visited my freebitcoin account again, and are they already establishing the KYC ? That is Something that frustrates, because then the regulations by countries took it, it is a pity that these apps are restricted , this will make many users of rreebitcoin Leave the Platform , there was a lot of boasting that this was the most Reliable Platform and that They did not have KYC requirements, but all the debate that could take place here will lead to the same thing, nothing can be fixed from here, if they Already agree with the KYC it is Because the government things turned ant-colored, it is a pity and Disappointment.

[Fatunad]

Let's hope that the new ToS is just a formal thing and that the conditions on the freebitcoin site will remain the same as it has been for the last 10 years.

I doubt that because KYC is a tool that crypto gambling sites can use whenever they want to legally thanks to the TOS in order to do whatever they want without jeopardizing the reputation of their site.

I doubt Freebitco would do anything shady through KYC as a tool, but the possibility cannot be discounted in my opinion.

Been long time since i have left and not playing on Freebitco and now they do have this kind of recent update having about those terms on potentially be able to ask out some KYC if ever they wanted?
Totally not a shocking thing on which these platforms would really be that come from kyc-less until it would come into a point on which it would really be going in line into those platforms or companies
to become that heavily regulated or something that would really be making out those changes for them to have that kind of possible ask out of documentation or would really be pertaining about
your identity which it isnt shocking anymore.

As long things or companies been get involved with huge sums of money then its no brainer that sooner or later they would really be asked out on something about being that
needing to abide on what those government rules and regulations that had been set out.

[dothebeats]

Let's hope that the new ToS is just a formal thing and that the conditions on the freebitcoin site will remain the same as it has been for the last 10 years.

I doubt that because KYC is a tool that crypto gambling sites can use whenever they want to legally thanks to the TOS in order to do whatever they want without jeopardizing the reputation of their site.

I doubt Freebitco would do anything shady through KYC as a tool, but the possibility cannot be discounted in my opinion.

It is not clear to me, I have not visited my freebitcoin account again, and are they already establishing the KYC ? That is Something that frustrates, because then the regulations by countries took it, it is a pity that these apps are restricted , this will make many users of rreebitcoin Leave the Platform , there was a lot of boasting that this was the most Reliable Platform and that They did not have KYC requirements, but all the debate that could take place here will lead to the same thing, nothing can be fixed from here, if they Already agree with the KYC it is Because the government things turned ant-colored, it is a pity and Disappointment.

They are growing and they are evolving. It is to be expected that one of these days, they’ll get bitten by the strict KYC rules. Unfortunately, they did, and now they have to comply with the regulations of the countries they are working with, else they are to be shutdown on that country. Casinos with no KYC rules will eventually succumb, unless they comply with the requirements set by the governments of the countries they work with. Gone are the days of anonymous gambling, I’d say, and so does with Freebitco.in.

[babygun]

Let's hope that the new ToS is just a formal thing and that the conditions on the freebitcoin site will remain the same as it has been for the last 10 years.

I doubt that because KYC is a tool that crypto gambling sites can use whenever they want to legally thanks to the TOS in order to do whatever they want without jeopardizing the reputation of their site.

I doubt Freebitco would do anything shady through KYC as a tool, but the possibility cannot be discounted in my opinion.

It is not clear to me, I have not visited my freebitcoin account again, and are they already establishing the KYC ? That is Something that frustrates, because then the regulations by countries took it, it is a pity that these apps are restricted , this will make many users of rreebitcoin Leave the Platform , there was a lot of boasting that this was the most Reliable Platform and that They did not have KYC requirements, but all the debate that could take place here will lead to the same thing, nothing can be fixed from here, if they Already agree with the KYC it is Because the government things turned ant-colored, it is a pity and Disappointment.

They mainly put it in place for new accounts and as TheQuin mentioned, old accounts should normally not be affected and they put it in place to protect them for bots and multi accounts. Lets see how it evolves in the future but these answers reassured me, that as an old member of the site, I will not have any issues to continue the use the site.

[Casdinyard]

Almost expected it. Not really surprised. As what most people here have already said. KYC is the meta amongst casinos due to jurisdictions and in the name of following the law and continuation of its service to the public, Freebitcoin will be forced to implement KYC. I think it's only fair, I've lost a couple of accounts in their site in the past and got a few of my deposits stolen too which is a lapse on my part I know, but with this new KYC mechanic it may become harder for hackers and scammers to steal my stuff you know? Worse comes to worst all we'd have is just a few minutes of irksome KYC processing, so I think this is a win-win. It's been a minute since Freebitcoin implemented massive changes in their system anyway so this is more than welcome at least to me.

[CryptSafe]

I knew it that  a time would come where KYC would be strictly adhered to in various casinos and believe me you, cex would not be left out too as the government is bent on  regulating anything crypto and wanting to take tax in every transaction that takes place on crypto. Freebitco.in is one of the best casino platform i frequently use and so far my experience with the casino is quite an interesting one but i was thinking about it though but possibly, they might have been forced to do otherwise and the management and team have no choice than to succumb to their will pressure and forcing their members to possibly be alert for their kyc spree which has started chasing away their client. Looking at this, many client would do away with them for good and they might end up losing more than they expected.

[TheQuin]

Note: This topic is self-moderated in order to avoid gambling board spammers. Don't make off-topic discussions, and avoid spamming here.

~TheQuin has already given a reply above.

I'm going to dip out of the thread now as people will just continue to say things I have already denied/contradicted.

ie.

It isn't having any effect on how the site is run. The only issues I deal with are multi-accounting and botting abuse.

I have already answered that twice. The only blocking is for multi-accounting and botting.

and

No. We weren't pushed by anyone. As I have already stated we just wanted to make the site look more professional. As much as I liked the old 3 line ToS it did look a bit amateurish. Getting the lawyers to draft up a professional ToS is something we've been mulling over for a couple of years.

[Darker45]

OP, Maybe the title is a bit excessive. They introduced some restrictions for certain countries and announced a possible request for KYC information in case they suspect an attempt to circumvent this rule. So for a large number of users, it is still a no-KYC casino.

Plus it is clarified here that:

Do you know any player at Freebitcoin who was asked to perform KYC verification?

They have implemented the new terms in this month. Probably Freebitco team hasn't applied the identity verification rules to anyone yet. But they might do it in the near future.

It was about weeks ago. No we haven't and I very much doubt we ever will.

However, just the same, it's just fair to remove FreeBitco.in from the no-KYC category considering that it is clearly stipulated in their updated ToS that it has the right to verify your identity. Having an account there means you agree to it. So, despite a team member expressing doubt that KYC will ever be actually implemented to anybody, it isn't the agreement that gamblers agree on. It's not an assurance or a guarantee.

Anyway, to TheQuin, since you're not pushed by any agency to include KYC in your ToS or required by Costa Rica to implement it, why did you include it anyway? Is it not possible to draft a new and more professional ToS without including KYC?

[wiss19]

I somehow aware of this is going to happen one day or other, their user base has been increasing rapidly over the years, and they were surely going to get noticed by the authorities and they would never allow them to keep operating without a license since they are offering a lot of services to their customers. I also think that they might be making some upgrade or something and that might be the reason why they are doing all this just to prepare the platform for the update.

However, this is surely going to change the pace in which they were gaining users because there were no requirements like these before and users used to join without any hesitation or restrictions no matter where they used to be from which is not the case anymore since they have restrictions for certain jurisdictions.

[TheQuin]

Anyway, to TheQuin, since you're not pushed by any agency to include KYC in your ToS or required by Costa Rica to implement it, why did you include it anyway? Is it not possible to draft a new and more professional ToS without including KYC?

I think this is a result of a common misunderstanding here on the forum of what a KYC site is. A KYC site requires you to verify your identity either at signup or when you want to deposit, gamble or trade.

All sites are subject to the laws of wherever they are based. They would have to comply with any court order requiring them to identify a customer (eg. suspected money laundering, handling stolen funds etc.). That's the case for all sites without any mention of it in their ToS. Is it professional to omit it?

In summary, using the definition that we are now a KYC site means that a non-KYC site is willing to violate the laws they are subject to.

[Haunebu]

All sites are subject to the laws of wherever they are based. They would have to comply with any court order requiring them to identify a customer (eg. suspected money laundering, handling stolen funds etc.). That's the case for all sites without any mention of it in their ToS. Is it professional to omit it?

In summary, using the definition that we are now a KYC site means that a non-KYC site is willing to violate the laws they are subject to.

It's definitely not that simple. The primary issue here is that many crypto gambling sites take advantage of KYC in an unfair manner in order to avoid paying out winnings and screwing gamblers in the process.

For example, a top site like Stake has been harassing a particular gambler using KYC as a shield. This is just one of the reasons as to why KYC is usually frowned upon.

KYC is a double-edged sword if you think about it.

[Kakmakr]

~FreeBitco.ng has been pushed to government regulations and because they want to continue operating, they have to dance to the tone of the government.~

No. We weren't pushed by anyone. As I have already stated we just wanted to make the site look more professional. As much as I liked the old 3 line ToS it did look a bit amateurish. Getting the lawyers to draft up a professional ToS is something we've been mulling over for a couple of years.

Come on "Quin" .... you know Wetsuit have been operating in the shadow for years... I do not even think you know who he/she is. Freebitco.in operated under the radar of the regulators, but now the FUN tokens are taking off and they are starting to look like a real casino with all the latest additions.

You can only grow so big, before the regulators sit up and take notice... and I think you guys peaked their interest. There is nothing wrong with going "legit" ... I am just saying, a lot of people are not going to be happy.

This is similar to what happened with "Circle" back in the day... they started with Bitcoin, then they turned into a Bank and they ditched their Bitcoin clients.  

[worle1bm]

With time more and more casinos are implementing KYC norms on their platform for players like this latest one from them but they are under some guidelines which they have to follow so this might be the case when applying for a licence but for players this might not be a good sign who were gambling because of non KYC casino but can't do anything about it now.

[Fivestar4everMVP]

With time more and more casinos are implementing KYC norms on their platform for players like this latest one from them but they are under some guidelines which they have to follow so this might be the case when applying for a licence but for players this might not be a good sign who were gambling because of non KYC casino but can't do anything about it now.

It is normally said that one thing that is constant in life is change, I've been a freebitco user since 2015 or so, and yeah, i really enjoyed playing there without having to worry about doing anything that might trigger a kyc on my account, simply because there is no kyc implemented, to be honest, the last thing i was expecting from this casino was implementing a kyc, but then, I am not surprised, i still will continue playing there whenever i feel like, freebitco has always been a casino that can truly be trusted, i believe that they will never unduly request kyc verification from customers for no reason at all.

[TheQuin]

It's definitely not that simple. The primary issue here is that many crypto gambling sites take advantage of KYC in an unfair manner in order to avoid paying out winnings and screwing gamblers in the process.

For example, a top site like Stake has been harassing a particular gambler using KYC as a shield. This is just one of the reasons as to why KYC is usually frowned upon.

KYC is a double-edged sword if you think about it.

It is that simple. You said it yourself.

"has been harassing a particular gambler using KYC as a shield" That's a reputational issue of bad business practice. Any site that doesn't state it the Terms could also use it as a shield.

I was pointing out the legal obligations anyone providing a service is under. Omitting putting that in the Terms doesn't remove it.

It's sad that bad businesses unfairly not paying out makes you guys think that anyone honestly stating their obligations in their Terms will do the same.

Come on "Quin" .... you know Wetsuit have been operating in the shadow for years... I do not even think you know who he/she is. Freebitco.in operated under the radar of the regulators, but now the FUN tokens are taking off and they are starting to look like a real casino with all the latest additions.

You can only grow so big, before the regulators sit up and take notice... and I think you guys peaked their interest. There is nothing wrong with going "legit" ... I am just saying, a lot of people are not going to be happy.

This is similar to what happened with "Circle" back in the day... they started with Bitcoin, then they turned into a Bank and they ditched their Bitcoin clients.  

No. You come on. That's complete and utter nonsense that I've already told you is untrue.

We've always been a law-abiding site. We just clarified a few things in the ToS.

No. We weren't pushed by anyone. As I have already stated we just wanted to make the site look more professional. As much as I liked the old 3 line ToS it did look a bit amateurish. Getting the lawyers to draft up a professional ToS is something we've been mulling over for a couple of years.

If you think otherwise you are wrong.

[noorman0]

~ can someone provide a link to T&C in logging in state?
Freebitco also restricts curacao users, ~

You can check it from any browser with which you aren't logged into Freebitco. There is no dedicated link for the terms page of the site.

Well, the question is does that imply each new ToS is only effective for new users? Even though I haven't accessed my freebitco account for a long time, it lets me stay in login state if I don't log out, so I never know of any new terms.
Fortunately for now, KYC rules have not been implemented.

[Helena Yu]

Quite surprising because Freebitco.in has been around without any KYC for many years, but not really surprising because they're a centralized casino.

What we can expect from a centralized site that become popular and have a good traffic? obviously they're forced to follow the regulation. Correct me if I'm wrong, Freebitco.in was never been here because of anonymous, so if they implemented KYC, I don't see anything wrong about it.

[Porfirii]

<...>

Do you know any player at Freebitcoin who was asked to perform KYC verification?
It is not a bad idea to follow changes in terms of websites, they often make big changes and people are very lazy in reading everything.
-snip-

That's the advice we always give to newbies who ask in the typical threads about the best casinos to play, but then we hardly ever look for changes, so thank you Mahdirakib for noticing it.

Answering notblox1, I have seen in the past, in other T&Cs from different services a 15 days period to be observed from the announce of changes like this and before imposing them "de facto". I don't know if that was the case in the previous version of FreeBitco.in's terms, so players should be careful just in case.

[Poker Player]

This is new to me, and by the looks of it is recent. We will have to see if freebitco.in continues to operate as before despite this new wording, and as TheQuin defends or we start to have complaints in the forum. Also if this is the beginning of a series of changes.

The fact is that there are still casinos that do not ask for KYC under any circumstances and freebitco.in is no longer one of them.

[Darker45]

This is new to me, and by the looks of it is recent. We will have to see if freebitco.in continues to operate as before despite this new wording, and as TheQuin defends or we start to have complaints in the forum. Also if this is the beginning of a series of changes.

The fact is that there are still casinos that do not ask for KYC under any circumstances and freebitco.in is no longer one of them.

In fairness to TheQuin, indeed "under any circumstances" might simply be an exaggeration. They're hollow words. If worst comes to worst, they might not hold water.

Anyway, to TheQuin, since you're not pushed by any agency to include KYC in your ToS or required by Costa Rica to implement it, why did you include it anyway? Is it not possible to draft a new and more professional ToS without including KYC?

I think this is a result of a common misunderstanding here on the forum of what a KYC site is. A KYC site requires you to verify your identity either at signup or when you want to deposit, gamble or trade.

All sites are subject to the laws of wherever they are based. They would have to comply with any court order requiring them to identify a customer (eg. suspected money laundering, handling stolen funds etc.). That's the case for all sites without any mention of it in their ToS. Is it professional to omit it?

In summary, using the definition that we are now a KYC site means that a non-KYC site is willing to violate the laws they are subject to.

Thanks for pointing this out. This is correct. And this is normally missed by many of us.

However-- I'm not a legal expert, by the way-- the difference is that those gambling sites that clearly specified in their ToS that they reserve the right to demand KYC from users whenever they deem necessary can handily demand for it. On the other hand, those that claim to be non-KYC gambling sites can't do it just like that. Until and unless there's a court order or perhaps an official order coming from a relevant agency requiring a particular user to provide his/her personal details, the site can't just lock an account or freeze funds on a whim.

[Mahdirakib]

OP, Maybe the title is a bit excessive. They introduced some restrictions for certain countries and announced a possible request for KYC information in case they suspect an attempt to circumvent this rule. So for a large number of users, it is still a no-KYC casino.

No, Freebitco is no longer a no-KYC casino. They have registered a gambling license, and the KYC verification requirement is the part of the license regulation. Based on the reply of TheQuin, the chance is almost zero to ask the user to complete the identity verification. But you can't deny the possibility while it has been added in the terms.

The BV is actually in Costa Rica rather than Curacao so there's no licencing issue. We actually moved the company there a while ago and wetsuit had discussed with me the possibility of adding new ToS at the time.

Quoting this again. AFAIK, Both BV and NV is under Curacao. Can you ask 'wetsuit' to know about the registered address of FBC BV company? I'm still confused whether FBC BV is under Curacao or Costa Rica. The company address will clear the doubts.

[Haunebu]

It's sad that bad businesses unfairly not paying out makes you guys think that anyone honestly stating their obligations in their Terms will do the same.

Fact is that more and more crypto gambling sites including popular sites like Stake are taking advantage of KYC in an unfair manner which is why it's tough to trust any KYC site easily these days.

Another thing that scares gamblers is their identities getting leaked due to hacker attacks in recent years.

[Saint-loup]

The fact is that there are still casinos that do not ask for KYC under any circumstances and freebitco.in is no longer one of them.

There are still casinos not asking KYC under any circumstances? Really? Which ones are they please? Except few fully decentralized casinos/sportsbooks, I am not aware of that. It must be some tiny ones I guess, no? It's sad to notice that, but all centralized exchanges and casinos are taking the KYC mandatory road one after another one, so the ones remaining are the exceptions now.

[ryzaadit]

KYC or not, if the casini type is register account to the website.

Always expect there will be some "KYC" no matter what it is in the future, if you playing on-chain gambling while all the transactions, bet, etc based on chain-transaction but you got "KYC". That's really f*ck up.

I don't see wrong on these movement, because based of my experience "centralized casino" can request any KYC even they are not really ask you at the time you are playing or the first time site is launch.

[dwyane36]

It's sad that bad businesses unfairly not paying out makes you guys think that anyone honestly stating their obligations in their Terms will do the same.

There is no doubt that most of the users on this forum will still trust freebitcoin as before since the honesty of the site has been proven over time. But despite this, some users will have skepticism and distrust because of the new ToS, and I think this is a normal reaction just because of the cases when other gambling sites have abused verification.

[danadc]

It's sad that bad businesses unfairly not paying out makes you guys think that anyone honestly stating their obligations in their Terms will do the same.

There is no doubt that most of the users on this forum will still trust freebitcoin as before since the honesty of the site has been proven over time. But despite this, some users will have skepticism and distrust because of the new ToS, and I think this is a normal reaction just because of the cases when other gambling sites have abused verification.

I am always going to trust freebitcoin, because it is the casino that seems to me that despite the fact that many things are changing now , it provides security and that is what matters to me , there are casinos that change and change everything, even their security methods and that is the only way they manage to get people to leave , if they ask me for kyc in freebitcoin it is one of those few Casinos that I will give it to, I do not like to give it, because I am a person who likes privacy and it is n this casino it reminds me of many beautiful things that I went through, for that reason I still think that the KYC process in Freebitcoin is something that I Could always do without so much Trouble.

[Onyeeze]

What ring into my man concerning the new rules and regulations of this gambling platform of frrebitco is that they are afraid of accusations and allegation by the government that should be the reason they are changing their rule and regulations of the platform, for me it's good to read and cross check some certain things moving on this in some gambling platforms before further registration in their platform because without that you may lose your funds as results of disobeying their rules and regulations

[DaNNy001]

It's sad that bad businesses unfairly not paying out makes you guys think that anyone honestly stating their obligations in their Terms will do the same.

Fact is that more and more crypto gambling sites including popular sites like Stake are taking advantage of KYC in an unfair manner which is it's tough to trust any KYC site easily these days.

Another thing that scares gamblers is their identities getting leaked due to hacker attacks in recent years.

And this particular feature of a non kyc casino has been the one of the major reason the few one that are holding this policy are thriving but  its seem all those casino are now up to something else and I think this has been the reason for so many complaints by customers against these casino because imaging a casino that was once kyc free and all of a sudden their rules change and now require kyc from same customers that is using your website for that sole purpose of it being KYC free.

[Lanatsa]

It's sad that bad businesses unfairly not paying out makes you guys think that anyone honestly stating their obligations in their Terms will do the same.

There is no doubt that most of the users on this forum will still trust freebitcoin as before since the honesty of the site has been proven over time. But despite this, some users will have skepticism and distrust because of the new ToS, and I think this is a normal reaction just because of the cases when other gambling sites have abused verification.

I am always going to trust freebitcoin, because it is the casino that seems to me that despite the fact that many things are changing now , it provides security and that is what matters to me , there are casinos that change and change everything, even their security methods and that is the only way they manage to get people to leave , if they ask me for kyc in freebitcoin it is one of those few Casinos that I will give it to, I do not like to give it, because I am a person who likes privacy and it is n this casino it reminds me of many beautiful things that I went through, for that reason I still think that the KYC process in Freebitcoin is something that I Could always do without so much Trouble.

Everything is subjected to change and this is what we should be having on mind is that expect the unexpected as always and this doesnt only limit out on crypto market happenings but also in real life situations on which changes is really that inevitable because we are really that progressing and also in some factors specially with government who do really love on monitoring and control or leashing up everything according into
their likes on which it would really be just that common. Now that Freebitco did go into the path on having that regulation or terms then for us users who had been using up their site should not worry,
this had just been stated that they do have the rights on asking some KYC if its needed and not that compulsory for those people who do tend to play or even into its old players.

Also, we do have tons of options or choices in the market considering about the numbers then if you dont find out on staying up on Freebitco anymore, then you are really that free to leave and find another one.

[DoublerHunter]

KYC or not, if the casini type is register account to the website.

Always expect there will be some "KYC" no matter what it is in the future, if you playing on-chain gambling while all the transactions, bet, etc based on chain-transaction but you got "KYC". That's really f*ck up.

I don't see wrong on these movement, because based of my experience "centralized casino" can request any KYC even they are not really ask you at the time you are playing or the first time site is launch.

^Definitely right but good to see in Freebitco.in.
In my own opinion, KYC regulations are often implemented to ensure compliance with legal and regulatory frameworks, prevent fraudulent activities, and promote a safer gambling environment. This serves as a means to authenticate the identity of users and protect against potential money laundering, underage gambling, or other illicit activities. It is true that even centralized casinos may request KYC information, either during the initial registration process or at a later stage. This is because regulations and compliance requirements vary from jurisdiction to jurisdiction, and operators are obliged to adhere to the laws governing their operations.
Because it can be frustrating to encounter KYC procedures, especially when participating in decentralized or blockchain-based gambling, they are typically in place to maintain legality, security, and fairness for all users.

[BenCodie]

Another one bites the dust choosing or forced to start using KYC as a way to claw back balances within their casino.

Freebitco.in was a faucet before a casino, why it ever had to be so greedy and add that function is beyond me. Now they not only face repercussions for being a casino, but will do wrong by many of their users in the process via KYC.

Hopefully this age old crypto name does not create complaints by its users like other casinos in this board, who abuse the KYC system evert day.

[TheQuin]

OP, Maybe the title is a bit excessive. They introduced some restrictions for certain countries and announced a possible request for KYC information in case they suspect an attempt to circumvent this rule. So for a large number of users, it is still a no-KYC casino.

No, Freebitco is no longer a no-KYC casino. They have registered a gambling license, and the KYC verification requirement is the part of the license regulation. Based on the reply of TheQuin, the chance is almost zero to ask the user to complete the identity verification. But you can't deny the possibility while it has been added in the terms.

The BV is actually in Costa Rica rather than Curacao so there's no licencing issue. We actually moved the company there a while ago and wetsuit had discussed with me the possibility of adding new ToS at the time.

Quoting this again. AFAIK, Both BV and NV is under Curacao. Can you ask 'wetsuit' to know about the registered address of FBC BV company? I'm still confused whether FBC BV is under Curacao or Costa Rica. The company address will clear the doubts.

The company is:

Name: FB Coins Limited
Registration number: 3-102-854043
Date of Registration: 13 June 2022
Address: Land and Business Attorneys, Building Plaza Murano, Eighth Floor, Office number 82, San Jose, Costa Roca

I don't know if the Curacao company is related to us but if it is then it's one of the other businesses wetsuit owns and nothing to do with the freebitco.in

To be pedantic here your statements are incorrect.

1 "Freebitco is no longer a no-KYC casino".

 By the definition you are using we never were. By the real definition of being required to provide ID to use the service we are not.

2 "and the KYC verification requirement is the part of the license regulation"

There is no gaming license so there are no regulatory requirements. What I have been describing are simply our obligations not to do anything illegal.
 

This is new to me, and by the looks of it is recent. We will have to see if freebitco.in continues to operate as before despite this new wording, and as TheQuin defends or we start to have complaints in the forum. Also if this is the beginning of a series of changes.

The fact is that there are still casinos that do not ask for KYC under any circumstances and freebitco.in is no longer one of them.

In fairness to TheQuin, indeed "under any circumstances" might simply be an exaggeration. They're hollow words. If worst comes to worst, they might not hold water.

Anyway, to TheQuin, since you're not pushed by any agency to include KYC in your ToS or required by Costa Rica to implement it, why did you include it anyway? Is it not possible to draft a new and more professional ToS without including KYC?

I think this is a result of a common misunderstanding here on the forum of what a KYC site is. A KYC site requires you to verify your identity either at signup or when you want to deposit, gamble or trade.

All sites are subject to the laws of wherever they are based. They would have to comply with any court order requiring them to identify a customer (eg. suspected money laundering, handling stolen funds etc.). That's the case for all sites without any mention of it in their ToS. Is it professional to omit it?

In summary, using the definition that we are now a KYC site means that a non-KYC site is willing to violate the laws they are subject to.

Thanks for pointing this out. This is correct. And this is normally missed by many of us.

However-- I'm not a legal expert, by the way-- the difference is that those gambling sites that clearly specified in their ToS that they reserve the right to demand KYC from users whenever they deem necessary can handily demand for it. On the other hand, those that claim to be non-KYC gambling sites can't do it just like that. Until and unless there's a court order or perhaps an official order coming from a relevant agency requiring a particular user to provide his/her personal details, the site can't just lock an account or freeze funds on a whim.

I'm not going to comment on what other sites have written in their ToS but our ToS states:

5.6. You authorize us to use any means we deem necessary to verify your identity and solvency with any third-party information provider.

I don't read that as we can demand ID information from you.

But that wasn't really the point I'm making. I think you're all reading too much importance on what is or isn't written in the ToS. What any site can do (or can be forced to do) is defined by the laws they operate under completely regardless of what the ToS says. A site can't just write a line in their ToS that justifies them to "just lock an account or freeze funds on a whim" if that is effectively theft and illegal. It would be struck down as an unfair contract.

If you think anything about freebitco.in changed when we updated the ToS you are wrong.

[Don Pedro Dinero]

There is no gaming license so there are no regulatory requirements. What I have been describing are simply our obligations not to do anything illegal.

I find this both curious and interesting. As I understand it, you are registered as a company but not with a gaming licence. Then, it is not very clear why there is a list of European countries from which you are not supposed to use the site and not others, because there are other European countries that are not on the list where to offer gaming services like the ones you offer, to comply with the law you would have to acquire a licence from the country, which usually cost a lot of money. And it is a licence that neither you nor any other casino that advertises on this forum has.

[TheQuin]

There is no gaming license so there are no regulatory requirements. What I have been describing are simply our obligations not to do anything illegal.

I find this both curious and interesting. As I understand it, you are registered as a company but not with a gaming licence. Then, it is not very clear why there is a list of European countries from which you are not supposed to use the site and not others, because there are other European countries that are not on the list where to offer gaming services like the ones you offer, to comply with the law you would have to acquire a licence from the country, which usually cost a lot of money. And it is a licence that neither you nor any other casino that advertises on this forum has.

The word "offer" is the key here. Being accessible isn't enough legally to determine that you offered a service in a country^*. I don't know the full details of why each of those countries on the list is included but it's probably a more general issue between CR and those countries than specifically gaming.


* A good example of that can be found in the text of EU GDPR

https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32016R0679&from=EN#d1e1455-1-1

See 23

Whereas the mere accessibility of the controller's, processor's or an intermediary's website in the Union, of an email address or of other contact details, or the use of a language generally used in the third country where the controller is established, is insufficient to ascertain such intention, factors such as the use of a language or a currency generally used in one or more Member States with the possibility of ordering goods and services in that other language, or the mentioning of customers or users who are in the Union, may make it apparent that the controller envisages offering goods or services to data subjects in the Union.

[TheQuin]

The company is:
- @TheQuin, the site is outdated?

No. It's a combination of abbreviation and language translation.

[Haunebu]

I think you're all reading too much importance on what is or isn't written in the ToS. What any site can do (or can be forced to do) is defined by the laws they operate under completely regardless of what the ToS says. A site can't just write a line in their ToS that justifies them to "just lock an account or freeze funds on a whim" if that is effectively theft and illegal. It would be struck down as an unfair contract.

If you think anything about freebitco.in changed when we updated the ToS you are wrong.

Which world are you living in? So many sites(Including popular sites) are already using the TOS as their shield cleverly in order to justify themselves and avoid paying out customers even though it's unethical.

Only time will tell whether your site will follow in their footsteps or actually do whatever you boldly stated.

[TheQuin]

Which world are you living in? So many sites(Including popular sites) are already using the TOS as their shield cleverly in order to justify themselves and avoid paying out customers even though it's unethical.

I wish I was living in a world where people actually read my answers before commenting.

But this being the real world I'll just explain it to you again. A site can do whatever it wants within the law. What's written in ToS does not provide any shield. The inclusion or exclusion of anything in the ToS has no bearing on the laws a site operates under. I really don't know how times I need to point this out before it sinks in with some people. A site without any KYC in their ToS could do exactly the same thing.

Unethical /= unlawful^*

Choose which sites you use based on how ethically you think they behave rather than what is written in a ToS.

Only time will tell whether your site will follow in their footsteps or actually do whatever you boldly stated.

Only time will tell how many of you will admit that I was correct.


* Just a little point on this. freebitco.in does have very good lawyers who are experts in this field, but as I've already stated I'm not a lawyer. I have been doing this for a number of years and have had to do quite a bit of research to answer some questions rather than pay the lawyers hourly fee. I don't know CR law but as a Brit I can cite English and Welsh law on gambling.
Bets are defined as being a "gentleman's agreement" and are not legally enforceable.
I agree with you that not paying out fair bets is unethical but however I will point out that it isn't illegal. I would never use a site that has a reputation for not paying out winnings. We certainly have no interest in ruining our reputation. Just because some disreputable sites use a specific clause for bad means doesn't make that clause inherently bad.

If you really think that any site that adds a KYC clause to its ToS is going to become disreputable and use it to avoid paying out I can't wait to see your face when you read the ToS of the site you are promoting in your signature.
PS. I've been a customer there since long before it was added and it didn't change my opinion of them when it was.

[bettercrypto]

As a player, we should know the rules or tos that a platform like this has. Most communities ignore reading these kinds of rules, just entering without reading the terms and conditions.

So the result that often happens is that they complain in the end and they realize that when the terms are shown, they can't do anything and they just wasted the time and time they spent here that they too have a deficiency.

[cicadasTR]

This is new to me, and by the looks of it is recent. We will have to see if freebitco.in continues to operate as before despite this new wording, and as TheQuin defends or we start to have complaints in the forum. Also if this is the beginning of a series of changes.

The fact is that there are still casinos that do not ask for KYC under any circumstances and freebitco.in is no longer one of them.

Name one. All of them saying "no KYC but..." and there's always a but. This no KYC thing is a joke to begin with.

[GxSTxV]

I never waited for this to happen in any time soon with freebitco.in which was the greatest free KYC, simple casino and one of the best first bitcoin faucets i knew and still using. I still can’t find any casino that doesn’t require verification and ask for personal information except them or was before this new terms release.
Is there any chance that someone else bought Freebitco.in and trying to apply some changes or upgrade the games inside and that’s why they started with the new terms now? Or it’s just the authorities that are forcing the owner to apply such rules to take down everything that’s decentralized.

[Mahdirakib]

The company is:
Name: FB Coins Limited

Well, FB Coins Limited is indeed under Costa Rica. And the address of the company proves it too.

2 "and the KYC verification requirement is the part of the license regulation"
There is no gaming license so there are no regulatory requirements. What I have been describing are simply our obligations not to do anything illegal.

I had forgotten that Costa Rica gambling license doesn't exist. You can run a casino by opening a company in Costa Rica. Some casino goes for the Costa Rican gambling company to make their business professional. There aren't so many rules and requirements like the Curacao license operator.

No. It's a combination of abbreviation and language translation.

In which abbreviation "FBC BV" stands for 'FB Coins Limited'? BV means a private company with limited liability. The full name of the company isn't mentioned anywhere in the T&C page. Even the address of the company isn't available in the terms. The terms start with this

freebitco.in (the "Website") is a site operated and owned by FBC BV. All games offered on the website are provided and regulated by FBC BV.

I have checked the terms of ~200 crypto casinos. As far as I can remember, none of them have used the abbreviation of the license/company name in the start of the terms page. Can you inform wetsuit to use the full name of the registered company for the transparency? Add the company address as well beside the company name.

~snip~

Those questions have been already answered by TheQuin several times in this thread (Read it here).

[Fivestar4everMVP]

This is new to me, and by the looks of it is recent. We will have to see if freebitco.in continues to operate as before despite this new wording, and as TheQuin defends or we start to have complaints in the forum. Also if this is the beginning of a series of changes.

The fact is that there are still casinos that do not ask for KYC under any circumstances and freebitco.in is no longer one of them.

Name one. All of them saying "no KYC but..." and there's always a but. This no KYC thing is a joke to begin with.

I cant help but agree with you, i mean since i started gambling and following gambling casinos on this forum, every single casino that started out as a no kyc casino have either in the short or long term turned around to start asking their users for KYC verification, some even did this without prior information to their users, and when ever argument of casinos that do not ask users for KYC verifications comes up anywhere, in agreement to that fact, my number one reference has always been freebitco.in, but with this current development with freebitco, indeed, i completely agree that there are no longer casinos that are non KYC, forget what ever they tell you, its just a marketing tactics, and for the fact that they have not asked you to verify your account, does not mean they wont ask in the near future.

[Poker Player]

In fairness to TheQuin, indeed "under any circumstances" might simply be an exaggeration. They're hollow words. If worst comes to worst, they might not hold water.

There are still casinos not asking KYC under any circumstances? Really? Which ones are they please? Except few fully decentralized casinos/sportsbooks, I am not aware of that. It must be some tiny ones I guess, no?

If you tell me that the casino owner gets a gun to his head or his children are kidnapped and under threat of torture, then rape and then murder he has to ask for KCY, well surely yes there will be circumstances under which they can ask for KYC, but this is not what we are talking about here.

There are casinos that would not ask for KYC under any circumstances in the same way that there are mixers that would not cooperate with the authorities under any circumstances. Not too long ago we had one on the forum that did not cooperate and was raided for it. In the same way others at the slightest touch of attention from the authorities will collaborate.

As for casinos, not requesting KYC is linked to not having a gaming license, and the list of those that do not do so has been shrinking over the years, but at the moment of those listed in Mahdirakib's thread I have no reason to assume that they will request KYC.

If you are an average user, who does not bet in the casino more than a few hundred a month at most, rest assured that those who do not have a license and have ToS saying they will require KYC will not ask for it.

[Haunebu]

If you really think that any site that adds a KYC clause to its ToS is going to become disreputable and use it to avoid paying out I can't wait to see your face when you read the ToS of the site you are promoting in your signature.
PS. I've been a customer there since long before it was added and it didn't change my opinion of them when it was.

You need to get your eyes checked. I clearly stated many sites(Not all sites) unethically use KYC. Some sites stay true to their reputation and enforce KYC only when legitimately necessary without any nefarious intentions.

Crypto.Games is one of them. Think! As I mentioned in my earlier post, time will prove whether your words truly hold weight or not.

[TheQuin]

In which abbreviation "FBC BV" stands for 'FB Coins Limited'? BV means a private company with limited liability. The full name of the company isn't mentioned anywhere in the T&C page. Even the address of the company isn't available in the terms. The terms start with this

freebitco.in (the "Website") is a site operated and owned by FBC BV. All games offered on the website are provided and regulated by FBC BV.

I abbreviated it again. The actual full name on the company documents is "FB COINS LIMITED SOCIEDAD DE RESPONSABILIDAD LIMITADA".
The company name is mentioned 43 times in the ToS hence the abbreviation.  

[dezoel]

I knew it that  a time would come where KYC would be strictly adhered to in various casinos and believe me you, cex would not be left out too as the government is bent on  regulating anything crypto and wanting to take tax in every transaction that takes place on crypto. Freebitco.in is one of the best casino platform i frequently use and so far my experience with the casino is quite an interesting one but i was thinking about it though but possibly, they might have been forced to do otherwise and the management and team have no choice than to succumb to their will pressure and forcing their members to possibly be alert for their kyc spree which has started chasing away their client. Looking at this, many client would do away with them for good and they might end up losing more than they expected.

Well.. for me, I didn't expect this even though some crypto casinos now have it because I didn't see Freebitco the same to them, I mean for me it was only just a faucet site. There are other games but it's few and it's only just an addition for them to make the faucet more interesting. This is a sad news for those who are allergic to KYC. Maybe this is the reason for them to stop visiting this old faucet site anymore. CEX won't be left out of course.

It is mostly needed due to the nature of their service. in fact they are the first one to embrace these new change in the crypto world and then it was followed by the crypto casinos and other sites which are operating in a centralized manner.

[Mahdirakib]

I abbreviated it again. The actual full name on the company documents is "FB COINS LIMITED SOCIEDAD DE RESPONSABILIDAD LIMITADA".
The company name is mentioned 43 times in the ToS hence the abbreviation.  

The company name is mentioned 'zero' times in the ToS. FBC BV is mentioned 43 times in ToS, which is the abbreviation of the company name in your view. There are millions of user in Freebitco. None of them will be able to find out the real name of the company by using the abbreviation. Why haven't wetsuit mentioned the full name of the company at least one time in the ToS? Is wetsuit trying to hide the reality with the abbreviation and language skill?

[darkangel11]

So, apparently I'm a spammer, because OP says he will delete all posts by gambling board spammers and my post saying that in this case I'd avoid the casino that changes T&C from being anti-KYC and goes into full compliance mode was removed. For some unknown reason this was treated as of-topic. I disagree, how about you guys? Is posting an opinion about this move by freebitco.in an off topic post?

Note:

Freebitco had "Terms of Service". Now, it has "Terms and Conditions".

Does it change anything legally?

[Mahdirakib]

Amateur's personal search to thank who shares their knowledge capital about crypto activities and Freebitco.

Thanks for your input. FBC B.V. is the license operator of dPlay.casino, which is another project of wetsuit. I hadn't checked their license details before. In that case, FBC BV can't be considered as an abbreviation. I was already aware of the fact that FBC BV is licensed under Curacao and I have mentioned it in the main post. BTW, How have you gotten the Costa Rican license details?

I disagree, how about you guys? Is posting an opinion about this move by freebitco.in an off topic post?

Sorry to say, but I had to delete your post along with 4 other posts from the 5th page in order to prevent off-topic discussions. Those posts are all about the Government & KYC, IP address, etc. But this topic is all about FreeBitco.in, where some important changes have been made in the terms after 10 years of providing anonymous service.

[wiss19]

I never waited for this to happen in any time soon with freebitco.in which was the greatest free KYC, simple casino and one of the best first bitcoin faucets i knew and still using. I still can’t find any casino that doesn’t require verification and ask for personal information except them or was before this new terms release.
Is there any chance that someone else bought Freebitco.in and trying to apply some changes or upgrade the games inside and that’s why they started with the new terms now? Or it’s just the authorities that are forcing the owner to apply such rules to take down everything that’s decentralized.

It's probably the regulatory fire that is catching them up as well, I don't think that a person will sell a website that is earning so much money and its user base is increasing day by day, now after the new rules of KYC and etc., the new user sign ups per day might start decreasing because most people used to think they won't need to pass KYC in here and that is why they were joining and using the platform but now that is not true anymore.

The website has probably been noticed by the authorities and they have asked the management to either have a license and comply with the rules and regulations or simply shut down your services, and the first option is obviously what they would choose because they can't just shut it down.

[TheQuin]

The website has probably been noticed by the authorities and they have asked the management to either have a license and comply with the rules and regulations or simply shut down your services, and the first option is obviously what they would choose because they can't just shut it down.

Please read the thread before commenting. I have stated several times already that it is untrue.

[Eureka_07]

<snip>

From my understanding, they still offer free bitcoins. They just made some limitations. It also does help on fighting against abusers. This decision probably is one of the biggest leap that they Freebitco did. It was for the best of them and their legitimate players though!

[FatFork]

Thanks for the heads up on the changes at FreeBitco.in. It's essential for users to stay informed about such shifts, especially with the increasing importance of KYC requirements in the crypto space. It's a bummer for many who cherished the non-KYC approach of FreeBitco.in, but it's all part of the evolving landscape, I suppose.

Before commenting in the thread, kindly take a moment to read the previous replies, particularly the one from TheQuin (it's just a few posts above). FreeBitco.in is still maintaining its non-KYC approach, and for regular users, nothing has really changed.

[Outhue]

FreeBitco.in is no longer a KYC free casino

Freebitco was known as a KYC free casino since it was created. But recently they have changed their terms. Now there are a lot of rules in the new terms of Freebitco. They have applied restricted jurisdiction rules as well. Based on this rule, a user shouldn't use FreeBitco.in if he/she is physically located in those restricted countries. Even they have added possible identity verification rules.



I believe that most of the forum members have an account on FreeBitco. Don't forget to read their new Terms. Based on the new terms of Freebitco, the website is owned and operated by "FBC BV". Perhaps, they have registered a licence under Curacao (I'm not sure about this yet).

You may follow this thread to get updates about the casinos License and KYC requirements: Information of Crypto Casinos License and KYC requirements.

Note: This topic is self-moderated in order to avoid gambling board spammers. Don't make off-topic discussions, and avoid spamming here.

I have been using this platform for generating some free satoshis in 2017 and they have never for once talk about implementing KYC verification, now that they have introduced verification it will stand as a eye opener for those who still think that a betting platform can go on a long term success without getting regulated.

As far as I can tell, it is impossible, unless you choose to be a unsuccessful online casino or betting platform, the more you grow higher every year the more attentions will be diverted to your platform, you will be forced to comply, and the users won't have a choice too.

Regulatory challenges is finally catching up, I know that many will still find some excuses for this but it is the truth, there are things the team of freebitco can't tell their users, and for someone like myself, I can see that its impossible to stay a verification free platform when running a casino or betting platform, take it or leave it.

[Fivestar4everMVP]

I have been using this platform for generating some free satoshis in 2017 and they have never for once talk about implementing KYC verification, now that they have introduced verification it will stand as a eye opener for those who still think that a betting platform can go on a long term success without getting regulated.

As far as I can tell, it is impossible, unless you choose to be a unsuccessful online casino or betting platform, the more you grow higher every year the more attentions will be diverted to your platform, you will be forced to comply, and the users won't have a choice too.

Regulatory challenges is finally catching up, I know that many will still find some excuses for this but it is the truth, there are things the team of freebitco can't tell their users, and for someone like myself, I can see that its impossible to stay a verification free platform when running a casino or betting platform, take it or leave it.

You are commenting on a very old news, one that is truly outdated, but all the same, what you said is still very relevant regardless.
I also joined freebitco in 2016 I think, and to say the truth, this platform was the place I earned my first ever set of bitcoin Satoshi through their Faucet, and the Satoshi (I choose to call it Satoshi because what I earned wasn't up to one bitcoin) I earned from their Faucet served as a gateway into crypto for me, I started trading on poloniex (then the biggest crypto exchange in the world) with those sats and was able to grow it to a really nice amount, disregarding the fact that I later lost it all to scam out of my own negligence and ignorance, I was pretty new to crypto then, so I knew little about how to identify scam when I see one.

And fast forward to this day, alot have changed, which I am certainly not surprised about any way, for it often said that one thing that is constant in life is change.
So, freebitco now a kyc compliant casino shouldnt come as a surprise to us, such changes is normal in every new industry as it gains acceptance, most especially from the government.