Russia’s authorities propose measures to combat illegal online gambling by banning crypto payments and restricting access to sites lacking identity checks. Yevgeny Masharov warns about the risks to minors associated with crypto casinos. However, concerns about the effectiveness of such bans persist, given the history of VPN use by Russians to bypass restrictions.
Russian authorities are taking measures against illegal online gambling by targeting cryptocurrency payments linked to unlicensed platforms. Senior policymaker Yevgeny Masharov highlighted the dangers posed to minors, stating that crypto-based casinos often neglect vital identity checks and age verification requirements. This initiative aims to restrict access to such platforms and block associated crypto transactions, addressing parental concerns about gamified gambling apps attracting children.
Despite the intention behind these regulations, skepticism lingers regarding their efficacy. Russians have a history of utilizing VPNs to circumvent state bans, as evidenced by the 2018 efforts to restrict Telegram. VPN usage continues to thrive despite attempts to outlaw these services, posing a challenge for enforcement.
Moreover, Russia’s dynamic approach to cryptocurrency includes its potential in international trade and Bitcoin mining, which may complicate efforts to restrict crypto from domestic online gambling practices. The interplay of these developments necessitates ongoing observation and assessment regarding their impact on gambling regulation in Russia.
