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Crypto Payments and the Future of New Zealand’s Online Casino Market

Crypto Payments and the Future of New Zealand’s Online Casino Market

Photo: The Coin Republic

New Zealand is preparing to license its online casino market, but the rules won’t stop at deciding which operators can take bets. They also reach something a player encounters before a game even begins: the deposit. A card payment passes through a processor and banking network before reaching an online casino. Crypto can take a different route. It begins in a wallet and settles on a blockchain, and in some cases, it converts into conventional currency. New Zealand is moving toward a fully licensed market in 2027. Up to 15 operators will gain the right to apply for licenses.

Source: The Coin Republic

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