Almost no one uses Bitcoin as currency, new data proves. It’s actually more like gambling
Bitcoin boosters like to claim Bitcoin, and other cryptocurrencies, are becoming mainstream. There’s a good reason to want people to...
Gambling
Gambling on the Titanic sub sucks, but leave moral outrage in Web2
They say crypto traders are mentally unstable degenerate gamblers. Nihilists profiteering from others’ misfortune in a sadistic zero-sum game, providing...
Controversial Recoveries, Promising Partnerships, Regulation Gambling and 20 Crypto Jokes
Source: foobar / TwitterThis week in crypto, Ledger introduced a new and controversial wallet recovery service and faced the crypto...
Everything you need to know on UK regulating crypto as gambling
A recent House of Commons Treasury Committee report has stirred a heated debate by recommending that retail trading and investment...
Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’
Self-regulatory organization CryptoUK and crypto exchange Kraken UK has slammed a recent report from a panel of British lawmakers that...
UK Crypto Hub Ambitions on Rocks as Treasury Wants to Treat it as Gambling
The United Kingdom has grand aspirations of becoming a digital assets hub, just as London already is for traditional finance....
Crypto ‘more closely resembles gambling than a financial service’, Treasury committee warns government
Wednesday 17 May 2023 6:00 am An influential group of lawmakers has argued that consumer cryptocurrencies should be treated like...
Crypto trading should be treated like gambling, UK lawmakers urge
Bitcoin, the world's largest cryptocurrency, has been stealthily rising in 2023.Chris Ratcliffe | Bloomberg | Getty ImagesTrading in cryptocurrencies is...
UK lawmakers propose cryptocurrency regulation as gambling
A group of U.K. lawmakers proposed that cryptocurrencies such as Bitcoin and Ether should be subject to gambling regulations due...
Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling
A crypto advocacy group has criticized the U.K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury...