MGA licensed online casino operators will be able to use cryptocurrencies through payment providers authorized by the Malta Financial Services Authority
The Malta Gaming Authority (MGA) opens a channel for online casinos with an MGA license to accept cryptocurrencies if they use any payment provider approved by the Malta Financial Services Authority (MFSA).
Por INFOPLAY
2022-05-03
The Malta Financial Services Authority has granted virtual digital asset (VDA) licenses to cryptocurrency payment providers such as MoneyBite. More specifically, the company is authorized for the Reception and Transmission of orders, Custodian or Representative Services, Execution of Orders on behalf of other persons, Dealing on own account and Transfer Services. This allows them to branch out into the iGaming industry.
Since 2018, MGA has been working to extend its gaming license to include cryptocurrencies. And now, ComeOn Casino is one of the MGA licenses already offering cryptocurrencies in Norway.
With the regulation of this new modality, operators and users will be able to obtain important benefits such as the increase in security standards.
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