![]() ![]() The next step is to choose a cryptocurrency that you will accept in your casino. Each jurisdiction has its own set of requirements, so it’s important to do your research and understand what’s required. But for crypto-only entrepreneurs, or those wanting to prove the concept with just crypto before moving on elsewhere, it is a great option. The only drawback is that you cannot open a bank account or accept fiat payments, as both require a license to proceed. You can establish a crypto gambling company in Costa Rica and operate legally. If you want to run a purely crypto casino, you may not need a license. You can obtain a license from various countries, but the most popular are the Isle of Man, Kahnawake and Malta. Without a license, your casino will not be taken seriously and might be shut down by authorities. This is important as it will give your casino credibility and legitimacy. The first step to starting a crypto casino is to obtain a license. In this article, iGaming industry consultant Ron Mendelson details the steps you need to take to start your own crypto casino. It is also an excellent way for gambling entrepreneurs to increase revenue and attract new player demographics. Cryptocurrency has become increasingly popular in recent years, with more people investing in digital currencies like Bitcoin, Ethereum and Litecoin. One of the ways to make money with crypto is by starting a crypto casino.
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