Sat. Apr 19th, 2025

Month: February 2011

Australia Bans Credit Card and Cryptocurrency Betting in Online Gambling Crackdown

In a strategic move aimed at addressing the challenges of problem gambling and enhancing consumer protection, Australia has unveiled a series of comprehensive reforms targeting the online gambling sector. Among the key measures introduced is a ban on credit card and digital currency betting, marking a significant milestone in the country’s efforts to regulate online wagering activities effectively.

Closing regulatory loopholes: strengthening consumer safeguards:

With immediate effect, Australians are now prohibited from using c…