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It's interesting that the UK has banned gambling ads online, but not on TV. Combined with the fact that they regulate cryptocurrencies as gambling, that's why y
by LeoPanthera 2y ago
It's interesting that the UK has banned gambling ads online, but not on TV. Combined with the fact that they regulate cryptocurrencies as gambling, that's why you get no UK crypto ads online. For example, the PayPal UK front page doesn't even mention that you can buy crypto there.
- zakki 2y agoDo you have the link that regulate crypto as gambling in UK? I tried Google it but no luck.
- exe34 2y agowait if crypto is gambling, then they don't tax the proceeds, right? but I'm pretty sure they tax it as capital gains..... so it's gambling for advertising purposes but capital investment for tax purposes... I suppose the law is an ass.
- frereubu 2y agoThis isn't true. OP may be confusing things like this - https://www.gamblingcommission.gov.uk/licensees-and-businesses/guide/page/blockchain-technology-and-crypto-assets https://www.gamblingcommission.gov.uk/licensees-and-business... - as saying that crypto is regulated as gambling, but it's not.
- rgblambda 2y agoMaybe this is blurring the line between online and TV, but TV streaming services definitely have gambling ads. A gambling ad literally just came on the Channel 4 player in front of me as I started typing this.
- thenickdude 2y agoYou can buy crypto on PayPal?? Our New Zealand version doesn't mention it either.
- LeoPanthera 2y agoNot in New Zealand. The USA, the UK, and Luxembourg only.