Bitcoin Conference Baltic Honeybadger 2019: Bear Market Edition

baltic honeymoon bitcoin conference

The Bitcoin conference of the year, Baltic Honeybadger, opens its doors on the 14th-15th of September, 2019 in Riga, Latvia

The Baltic Honeybadger conference is a major Bitcoin event in both Europe and the world, dedicated to Bitcoin and the technologies built around it. The goal of the conference is to create an educational and community-driven event, with high-profile speakers from all around the world, coming from different backgrounds — from technical engineers and cybersecurity professionals to business owners and bestselling authors.

Over the two years of its existence, it has attracted the most talented, driven and passionate Bitcoiners from around the world, and has established itself as one of the leading conferences worldwide. The conference has been attended by people such as Andreas Antonopoulos, Elizabeth Stark, Adam Back, Peter Todd, Tuur Demeester, Tone Vays, Giacomo Zucco, Eric Lombrozo and others.

This year, Baltic Honeybadger will be visited by people including Adam Back, Jimmy Song, Rodolfo Novak, Murad Mahmudov, Max Keiser, Saifedean Ammous, Samson Mow, Peter Todd, Jameson Lopp, Pierre Rochard, Dan Hedl, Peter McCormack, Alex Bosworth and many more.

The Baltic Honeybadger conference is driven by the cypherpunk movement. There are no promotions of the various so called altcoins, ICOs, banks or other blockchain-based “snake oil”, but topics such as Lightning Network, Bitcoin regulation, security, investments, and trading, etc. are discussed.

As the organizers state: “The conference is held for 2 days with a packed schedule of talks, 1 on 1s and panels, culminating in a chill informal afterparty with a patio outside, where people can drink beer (or wine, if you prefer), and enjoy an informal conversation and meet new friends.

Apart from Baltic Honeybadger, we are also launching Riga Bitcoin Week, which takes place from 12.09 to 17.09, with many side events happening around the conference. There will be multiple meetups and workshops from companies like Blockstream, Hodl Hodl, OpenNode, BTCpayserver, BTSE and many more.”

The agenda for this year’s conference is already published on the conference website bh2019.hodlhodl.com and the agenda for Riga Bitcoin Week will be published soon.

The conference is going to take place in Riga, Latvia, from the 14th to 15th of September, 2019. Tickets can be bought with Bitcoin or fiat on the official site: https://bh2019.hodlhodl.com/​

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Higher Power Wins Pacific Classic at Del Mar

Higher Power

Higher Power won the $1 million Pacific Classic (G1) and earned a berth in the Breeders’ Cup Classic (G1) (Photo credit: Breeders’ Cup Ltd.)

The owner-trainer combination of Hronis Racing and John Sadler, who campaigned 2018 Breeders’ Cup Classic (G1) winner Accelerate, have another contender for this year’s $6 million race with the 4-year-old Higher Power, who surged away from nine rivals leaving the backstretch in Saturday’s 1 ¼-mile, $1 million TVG Classic at Del Mar and came home a widening 5 ¼- length winner. Ridden by Flavian Prat, Higher Power’s victory earned him an automatic berth into the Breeders’ Cup Classic through Breeders’ Cup Challenge series.

The Breeders’ Cup Challenge is an international series of 86 stakes races whose winners receive automatic starting positions and fees paid into a corresponding race of the Breeders’ Cup World Championships, which will be held on Nov. 1-2 at Santa Anita Park in Arcadia, Calif.

As part of the benefits of the Challenge series, Breeders’ Cup will pay the $150,000 entry fee for Higher Power to start in the 1 ¼-mile Classic. Breeders’ Cup will also provide a $40,000 travel allowance for all starters based outside of North America, and a $10,000 travel allowance for all domestic horses based outside of California to compete in the World Championships.

Check USRacing for the latest Breeders’ Cup Classic betting odds.

Higher Power joins Shegeio Takeda’s 5-year-old Inti (JPN), winner of the February Stakes (G1) at Tokyo Racecourse on Feb. 17; Charles Fipke’s 6-year-old Seeking the Soul, who won the Stephen Foster Handicap (G2) at Churchill Downs on June 15; Gary and Mary West’s Maximum Security, winner of the TVG.com Haskell Invitational (G1) on July 20 and Mike Pegram Karl Watson and Paul Weitman’s 4-year-old McKinzie, who won the Whitney (G1) at Saratoga on Aug. 3 as the first five horses to qualify for the Classic the year.

Higher Power ($21.20) covered the 1 1 /4 miles in 2:02.43 over a fast track. Draft Pick, a 13-1 outsider, outfinished 18-1 longshot Mongolian Groom by a neck for second money, with Tenfold fourth. Seeking the Soul, the 2-1 favorite, was a disappointing seventh.

2019 Pacific Classic Replay


A bay son of Medaglia d’Oro out of the Seattle Slew mare Alternate, Higher Power won his fifth race in 13 starts today, and his first graded stake. He came into the Pacific Classic off two starts on turf, a one-mile optional claiming win at Santa Anita on June 14, followed by a second-place finish in the one-mile Wickerr Stakes at Del Mar on July 19.

“There were no special instructions, just to make him comfortable,” said Prat, who rode Higher Power for the first time today. “We were in a good spot all the way around. At the three-eighths (pole) I asked, and he took up the bit and went from there. He was traveling well all the way around. He had been training so well, I thought he’d have a good one in him today.”

“The second time is just as sweet,” said Sadler who saddled Accelerate to win last year’s Pacific Classic. “It developed pretty much the way we thought. We thought there would be some speed on the inside and the plan was to stalk. It came out the way we thought it would.”

Regarding Higher Power’s ability to flourish at the 10-furlong distance, Sadler added “ He’s got his stallion’s (Medaglia d’Oro) pedigree.”

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Breeders’ Cup Berth at Stake in Prix Morny

Stradivarius

The Darley Prix Morny (G1) at Deauville Racecourse on Sunday is a Breeders’ Cup Challenge “Win and You’re In” race. (Photo credit: © Martin Applegate | Dreamstime.com)

Shaikh Duaij Al Khalifa’s A’ Ali (IRE), seeking his second Breeders’ Cup Challenge victory this year, and the unbeaten Earthlight (IRE), headline Sunday’s six-furlong Darley Prix Morny (G1) for 2-year-olds at Deauville. The Prix Morny winner will receive an automatic berth into the Breeders’ Cup Juvenile Turf Sprint (G2) through the international Breeders’ Cup Challenge.

TVG will televise the Darley Prix Morny on Sunday at approximately 9:50 a.m. ET

The Breeders’ Cup Challenge is an international series of 86 stakes races whose winners receive automatic starting positions and fees paid into a corresponding race of the Breeders’ Cup World Championships, which will be held at Santa Anita Park in Arcadia, California, Nov. 1-2.

As a part of the benefits of the Challenge series, the Breeders’ Cup will pay the pre-entry and entry fees for the Prix Morny winner to start in the $1 million Juvenile Turf Sprint at five furlongs, a race which was run for the first time at the World Championships last year. Breeders’ Cup also will provide a $40,000 travel allowance for all starters based outside of North America to compete in the World Championships.

The Prix Morny, first run in 1865, is named after Auguste de Morny, the founder of Deauville Racecourse.

While Sunday’s race will be held on the northern coast of France near the prominent French breeding farms, the Morny field more resembles an event that could be held in Ireland as all eight of its starters were bred on the Emerald Isle, headlined by A Ali, a bay son of Society Rock (IRE), bred by Tally-Ho Stud, and trained by Simon Crisford.

A’ Ali Coming Off Win at Ascot

A’ Ali, ridden by James Doyle, has made a major splash on the juvenile scene in both England and France. After finishing second by a neck in a five-furlong novice race at Ripon on June 5, A’ Ali won the Group 2 Norfolk Stakes by a neck at Royal Ascot on June 20, and earned a free berth into the Breeders’ Cup Juvenile Turf (G1). He followed up that score with a burst of speed in the final 50 yards to win the 5 ½-furlong Darley Robert Papin (G2) by three-quarters of a length over the straight course at Deauville on July 21 as the 3-5 favorite.

Bet on MyBookie

Godolphin’s Earthlight (IRE) has won all three of his starts, the last two at Deauville, for trainer Andre Fabre. A bay son of Shamardal, Earthlight, ridden by Adam Kirby, broke his maiden in June at Maison-Lafitte, and then won the six-furlong Prix de Caen by 3 ½ lengths on July 2. He returned to Deauville for the six-furlong Darley Prix de Cabourg (G3) on July 28, taking the lead in the final furlong and driving home to a four-length win over the straight course.

Trainer Aidan O’Brien has won the Prix Morny four times, including in 2001 with Johannesburg, who went onto win the Breeders’ Cup Juvenile (G1) at Belmont Park.  (Arazi is the other runner to win both the Prix Morny and the Juvenile, which he captured in a tour de force at Churchill Downs in 1991.)

O”Brien Saddles Pair

On Sunday, O’Brien saddles Arizona (IRE) and Royal Dornoch (IRE) for the Coolmore ownership group of Mrs. John Magnier, Michael Tabor and Derrick Smith.

Arizona has been the more impressive of the duo, winning two of three starts in the Magnier blue jacket.  A bay son of No Nay Never out of Lady Ederle by 2007 Breeders’ Cup Turf (G1) winner English Channel, Arizona, ridden by Ryan Moore, broke his maiden at odds-on by eight lengths in his second start, a six-furlong race at the Curragh on May 26. He was formidable in in his next start, holding off all challengers in the final furlong to win the Group 2, six-furlong Coventry Stakes by a half-length at Royal Ascot as the 15-8 favorite over 16 rivals.

Royal Dornoch, a bay son of Gleneagles (IRE), has a maiden win in three starts, and closed strongly for a third-place finish in his most recent start, the six-furlong, Group 2 Qatar Richmond Stakes, won by Golden Horde (IRE), at Glorious Goodwood on Aug. 1. Royal Dornoch will be ridden by Donnacha O’Brien.

After finishing fifth at 33-1 in the Coventry, Golden Horde, a chestnut son of Lethal Force (IRE),  trained by Clive Cox, rebounded for his second win in four starts, capturing the Richmond by three-quarters of a length and outdueling the 8-5 favorite Threat (IRE). Owned by Al Mohamediya Racing and ridden by Mickael Barzelona, Golden Horde broke his maiden by 4 ½ lengths in an EBF Novice race at Windsor in his second start

Sheikh Hamdan Al Maktoum’s 3-year-old filly Raffle Prize (IRE) has won three consecutive starts, including back-to-back Group 2 wins, first at 18-1 in the Queen Mary Stakes on June 19 at Royal Ascot and then at Newmarket on July 12, taking the Duchess of Cambridge at six furlongs by 1 ¾ lengths. A chestnut daughter of Slade Power (IRE), trained by Mark Johnston, Raffle Prize will be taking on males for the second time, having broken her maiden at Chester on May 25 in a six-furlong British Stallions EBF event. Raffle Prize will be ridden by Frankie Dettori, who has won this race five times and consecutively from 2014-16.

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Horse Racing Analysis and Reports by Michael Dempsey

Michael Dempsey
Currently Michael offers full card detailed handicapping reports with horse racing selections and picks for Saratoga daily and his Best Plays Simulcast Report each Saturday and Sunday. Mike covers all the big events including the Triple Crown races and Breeders’ Cup. Expect detailed analysis and selections on each race he covers from this respected handicapper as well as a fair odds line and wagering recommendations.

 

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Michael’s Best Plays Report features his strongest plays from major tracks along with his analysis and selections for major stakes. His Report includes his selections, analysis, fair odds line, and wagering recommendations for his top plays, usually from tracks in New York, California, Kentucky and Florida.

Most of the time his Report includes six to 10 races each day, and also features most Grade 1 races and nationally televised races.

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bc19 width=Michael’s Breeders’ Cup Report includes his selections, analysis, fair odds line, and wagering recommendations for every race for the Breeders’ Cup from Santa Anita. Reports available by Oct. 31.

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Michael Dempsey’s Saratoga Report $12.00

Michael’s Saratoga Report includes his selections, analysis, fair odds line, and wagering recommendations. Michael has been handicapping the New York circuit on a daily basis for nearly three decades. Saratoga races Wednesday through Monday. Mike will be covering Saratoga daily. 

Michael Dempsey’s Aqueduct Report $12.00

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The 2018 Breeders’ Cup Wagering Guide FREE

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Nine Fillies Battle in Alabama at Saratoga

Alabama

A field of nine three-year-old fillies line up for Saturday’s $600,000 Alabama (G1) at Saratoga. (photo credit: © Cheryl Quigley | Dreamstime.com)

A field of nine three-year-olds fillies will line up to battle in the $600,000 Alabama (G1) at Saratoga, the highlight of an outstanding 11-race card on Saturday.

First run in 1872, the Alabama has been won by some top notch fillies in recent years including Elate, Songbird, Royal Delta and Blind Luck. Last year’s winner was the Ken McPeek trained Eskimo Kisses, ridden by Jose Ortiz who also rode the 2017 winner Elate.

The Chad Brown trained Dunbar Road is the 8-5 morning line favorite. The filly made a good late rally to win the Mother Goose (G2) at Belmont Park going 1 1/16 miles in her last outing, her third win in four career starts.

The George Weaver trained Point of Honor is the 5-2 second choice. She is coming off a runner up finish in the Coaching Club American Oaks (G1) at Saratoga on July 21 behind the highly regarded Guarana.

“She’s had a good four weeks and she’s been training good. We’re happy with her,” Weaver said. “She’s not a difficult keep. She’s remained happy all year. She likes it here, but she liked it in Florida and liked it in Kentucky [too].”

Lady Apple (6-1) is coming off a victory in the Iowa Oaks (G3) for trainer Steve Asmussen. She was third in the Kentucky Oaks (G1) at Churchill Downs in her only try in Grade 1 company.

$200 RISK FREE BET ON THE PACIFIC CLASSIC at TVG. Use coupon code CLASSIC2 during checkout. Expires 08/17/2019.

The $200,000 Lake Placid (G2) and the $100,000 Smart N Fancy are the co-features on the Spa card.

Let’s head out to Saratoga for Saturday’s feature race of the day:

Saratoga Race 10 The Alabama G1 (Post time 5:59 ET)

#2 Lady Apple   6-1

#1 Dunbar Road   8-5

#7 Point of Honor   5-2

#6 Ulele   8-1

 

Lady Apple

The Steve Asmussen trainee tracked the early pacesetter Ulele, took over in the stretch and drew clear late to win the Iowa Oaks (G3) last out off a two-month break. The Asmussen trainee earned a career top speed fig after running third in the Kentucky Oaks (G1) two back. Her first graded stakes win came three back winning the Fantasy (G3) at Oaklawn Park. She owns solid early and mid pace numbers and should be forwardly placed. Pedigree wise she should be able to handle the 1 1/4-mile distance. She is by Curlin out of a stakes placed Clever Trick mare who has dropped two other stakes winners. Decent value if this gal goes off near her 6-1 morning line.

Dunbar Road

This filly has won three of her four career starts, taking the Mother Goose (G2) last out at Belmont Park going 1 1/16 miles. The filly stalked the early pace and drew clear late to win by 2 1/2 lengths. The filly makes her third start of her current form cycle and looks as if she will have no problem handling the extra ground. She is by Quality Road out of a Bernardini mare. Brown has never won the Alabama but appears to have a good shot with this filly.

Point of Honor

She stalked the early pace and came with a good late rally to finish in the runner up spot in the Coaching Club American Oaks (G1) at nine furlongs, unable to catch a talented and undefeated Guarana who took the field gate to wire. She finished fourth in the Gulfstream Park Oaks (G2) and then picked up her first graded stakes win in the Black Eyed Susan (G2) at Pimlico. She can handle the distance, by Curlin out of a Bernardini mare that has dropped two other winners including stakes winner Velvet Mood ($92,453).

Wagering

WIN: #2 to win at 4-1 or better.

EX: 1,2 / 1,2,6,7

TRI: 1,2 / 1,2,6,7 / 1,2,5,6,7

 

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Pavel Looks Primed for Pacific Classic at Del Mar

Pacific Classic

A field of nine line up in the $1 million Pacific Classic (G1) on Saturday at Del Mar. (Photo credit: DMTC).

The Doug O’Neill trained Pavel looks for his first victory in over a year in Saturday’s $1 million Pacific Classic (G1), seeking to improve on his runner up finish in last year’s edition of the marquee race of the Del Mar meeting.

A field of 10 will line up including four shipping into Southern California led by the 3-1 morning line favorite Seeking the Soul for trainer Dallas Stewart.

Pavel (7-2) is based in Southern California but made his last two starts in the Big Apple, a sixth in the loaded Met Mile (G1) and then a third in the Suburban (G2) in his last outing. His last win came last June in the Stephen Foster Handicap (G1).

Seeking the Soul and Quip (9-2) were separated by just a neck in this year’s Foster, which was downgraded to a Grade 2. The third-place finisher in that race Tom’s d’Etat came back to win the restricted Alydar at Saratoga in his last outing.

$200 RISK FREE BET ON THE PACIFIC CLASSIC at TVG. Use coupon code CLASSIC2 during checkout. Expires 08/17/2019.

The Pacific Classic is a “Win and You’re In” race for the Breeders’ Cup Classic (G1). Accelerate won last year’s Pacific Classic and went on to win the Breeders’ Cup Classic.

There are four supporting stakes on the Saturday Del Mar card. Among them is the $300,000 Del Mar Oaks (G1) and the $250,000 Del mar Handicap (G2), which is a “Win and You’re In” race for the Breeders’ Cup Turf (G1).

Let’s head out to Del Mar for Saturday’s featured race of the day:

Del Mar Race 10 The Pacific Classic G1 (Post time 6:30 PT)

#3 Pavel   7-2

#2 Quip   9-2

#5 Seeking the Soul   3-1

#7 Tenfold   8-1

 

Pavel

The five-year-old came up short in two trips in New York, a sixth in the Met Mile (G1) and a third last out in the Suburban (G2) at 1 1/4 miles. In his last effort he stalked the early pace, came with a four wide run and could not make up any ground in the stretch over a racing strip that was playing to inside speed. The O’Neill trainee has not win since taking the ’18 Stephen Foster (G1) at Churchill Downs but has kept some tough company and made trips to Japan and Dubai. He ran second in this race last year behind Accelerate, who won by more than a dozen lengths. He looks headed in the right direction and this race did not come up as tough as in years past. O’Neill won this race in 2006 with Lava Man.

Quip

This colt is coming off a career top in his runner up finish in the Stephen Foster (G2) at Churchill Downs. He battled for the early lead and finished gamely to come up just a neck short, beaten by Seeking the Soul. The third-place finisher was Tom’s d’Etat, who came back to win the restricted Alydar at Saratoga on Aug. 2 with a 104 Beyer Speed Figure. The extra ground is a question mark but among the top three contenders here this guy may end up offering the most value for the top spot. His trainer Brisset was formerly a top assistant to Hall of Famer Bill Mott.

Seeking the Soul

The Dallas Stewart trainee got the best of Quip late in the Foster, bouncing back off a his third two back in the Alysheba (G2). That outing was his first since returning from Dubai where he was not a factor in an eighth-place finish in the Dubai World Cup (G1). He is capable of running big, a good second in the Breeders’ Cup Dirt Mile (G1) last fall and a win in the Clark ‘Cap (G1) back in ’17. It looks as if there is enough early speed in here to set things up for him, but he may end up a light price.

Wagering

WIN: #3 to win at 3-1 or better.

EX: 2,3 / 2,3,5,7

TRI:  2,3 / 2,3,5,7 / 2,3,5,6,7

 

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Bloconomic Expo 2019: The Revolution of IR4.0 and Blockchain Spectrum

bloconomic expo

Putrajaya, 19th August 2019 –  BLOCONOMIC has successfully kicked off a blockchain expo with over 1000 attendees coming from 30 countries for 2 days event. The event has been officiated by Minister of Entrepreneur Development, YB Datuk Seri Mohd Redzuan, with his support in blockchain industry in Malaysia. Bloconomic managed to bridge government agencies with blockchain agency and company like Malaysia Blockchain Association, MaGIC, and TriveAcademy by creating collaboration on training in education spectrum. This initiative is expected to groom and develop more talents who are passionate about going into this transformation initiative.

bloconomic expo

The minister has spoken about how getting in the train of blockchain industry is important to the entrepreneur and racing through the IR4.0 together. Being left out from the train is a loss for the society as we should march forward in the digital industry. YB Datuk Seri Mohd Redzuan also fully support the initiative Malaysia Blockchain Association and MaGIC made in creating a Blockchain Researcher Lab, which effort had begin in Bloconomic by signing a Memorandum of Understanding with each other.

Bloconomic had showcase many great projects which can be seen in their expo last week. One of BLOCONOMIC eco-system partner, DASH Next has taken initiative in recourses exchange with TriveAcademy and Block Tech Institute. During the event itself, TriveAcademy has launched their timestamping document project in TRVC.App which speakers and volunteers certificate of Bloconomic can be found inside. TRVC app also allow its users to play game and earn coin by registering for free using this link.

bloconomic expo

Bloconomic 2019 had also set out night networking meet up for its delegates from 14th-16th August. This session has benefited BLOCONOMIC delegates in many business opportunity angle such as investor funding, collaboration within eco-system and many more. The conference itself is a success with the latest and new trend topic being included in 9 of its panel discussion slot. Over 500 delegates has reviewed that they have get such a great and fresh insight on the conference.

Bloconomic Expo was organized by Alphacap Berhad in collaboration with Malaysia Blockchain Association aim to have more sustainability activity and on-going project development such as talent growth, and new innovative project. By exploring more on the possibility of blockchain development to give back to society by partnering with various institution and organization. Currently, in working together with global and local related organization, such as DASH, MaGIC, MDEC, Vietnam Blockchain Club and many more, BLOCONOMIC has created better blockchain resources in Malaysia and turned Malaysia into ASEAN pit-stop for  Blockchain Business.

Social media pages:

Facebook: @bloconomic

Twitter: @bloconomic

Instagram: @bloconomic

Telegram: @bloconomic

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Is Bitcoin Gambling Legal?

bitcoin gambling legal

The internet revolution wouldn’t have been complete without online gambling that makes it convenient for you to play from the comfort of your home whenever you want. Bitcoin gambling makes this experience even greater, bringing unique games to the fore, quick transactions and a degree of privacy that fiat cannot offer. But is Bitcoin gambling legal?

The short answer is that as long as you live in a jurisdiction in which online gambling is legal, you are gambling on a licensed casino, and Bitcoin is legal within that same jurisdiction, then you can play using your coins all you want. The long answer is a little more complex.

Bitcoin Gambling: The Devil is in the Details!

The question of whether Bitcoin gambling is legal or not is composed of at least 3 underlying questions: 1. Is gambling legal where you live? 2. Is Bitcoin legal where you live? 3. Does it really matter if any of those are legal if I am using an asset like Bitcoin, which is decentralized and doesn’t care about the law of the land?

The first question is key if you are looking to gamble online in any case. Whether you use Bitcoin or not, if you care about the law, you should not engage in any kind of online activity that is illegal within the jurisdiction you live in. If online gambling is legal in your jurisdiction, then you should ask yourself whether Bitcoin is legal as well. If it is, then you can gamble with your coins, but if it is illegal, then you would be taking a risk if you use Bitcoin for anything, including gambling.

Are Bitcoin Casinos Legal in the US?

Jurisdiction is the most important issue when dealing with any kind of gambling. Bitcoin casinos are not different. In the US for instance, the rules that apply to each individual depend on where they reside and where they are when they choose to play.

Bitcoin is legal in the US and has even been labeled as a commodity by the CFTC. That means the Bitcoin side of the casino equation in the US is not the root of the issue. The gambling side of the equation is the biggest issue. Bitcoin casinos are legal in the US wherever any other kind of casino is legal. But online gambling in general in the US is highly restricted by federal law. The Unlawful Internet Gambling Enforcement Act of 2006 – UIGEA – prohibits transactions that involve online gambling.

 

legal bitcoin casinos usa

Jurisdiction is the most important issue when dealing with any kind of gambling. Bitcoin casinos are not different

 

Bitcoin Casinos in the US: The Grey Area

This puts any kind of online casino in the US within a grey area. When it comes to Bitcoin casinos, the problem might be even deeper. If the exchange of a commodity which is not regulated like other commodities that are publicly traded, is not deemed to be a financial transaction, then bitcoin casinos should be legal in the US.

Nevertheless, UIGEA has been criticized widely because its enforcement is lax. Furthermore, the Supreme Court in the US just recently ruled that a major obstacle to sports betting was illegal. This ruling in particular widened that grey area in which Bitcoin gambling operates in the US. Given all these particularities with legislation and the regulatory climate, it is impossible to say definitively that Bitcoin casinos are not legal in the US.

In fact, many Bitcoin casinos service US customers. Some of them are even licensed in a number of states. Other avoid the licensing issue altogether, making them illegal on the gambling side due to a lack of regulatory compliance.

To help you pick a good Bitcoin casino that you can play at with peace of mind and operates in the US, we put together a short list of the best brands that fit the bill:

Are Bitcoin Casinos Legal in the UK?

Another interesting jurisdiction to look at is the United Kingdom. In a sense, regulation of online gambling in the UK is laxer than in the US. When it comes to Bitcoin, the FCA lists it as an unregulated digital asset, but Bitcoin transactions are taxable depending on their nature. Some of these regulations might change when the UK leaves the European Union – Brexit.

Focusing on the gambling side, online casinos that have proper licensing are legal in the UK, regardless of whether they deal with Bitcoin or not. Furthermore, legal tradition in the UK, where it was only legal to place bets over the phone but never face to face, has created an environment in which bitcoin casinos can thrive. So, the short answer is, yes, Bitcoin casinos are legal in the UK, but you should play with the ones that have a license there. Here is a short list of the Bitcoin casinos we recommend for UK players:

Bitcoin Doesn’t Care!

The question about where Bitcoin casinos are legal and where they are not assumes that players are interested in playing legally. Bitcoin is an internet protocol. Therefore, regardless of whether online gambling or Bitcoin are legal in your jurisdiction, the Bitcoin network doesn’t care. Bitcoin is a censorship-free network.

Its nodes are all around the world. There is no single government entity that can stop the blockchain from working. We always recommend staying on the right side of the law, which is why previous are so important. Nonetheless, theoretically speaking, anyone should be able to gamble with Bitcoin from almost anywhere in the world, provided they use a VPN service.

 

bitcoin casinos legal

Regardless of whether online gambling or Bitcoin are legal in your jurisdiction, the Bitcoin network doesn’t care

 

Bitcoin is Not the Enemy!

For governments that want to enforce the law in jurisdictions in which Bitcoin gambling is not legal, they should be looking at VPN services instead of going after Bitcoin users or businesses. They should also keep in mind that most gamblers who use Bitcoin, do so because online gambling is either illegal or too heavily regulated within their jurisdiction. This circumstance has attracted gamblers to Bitcoin as a means of gaining access to what their government seeks to put beyond their reach, and tools like a VPN are the catalyst for that kind of activity.

So, Using a VPN Service is Illegal?

Nevertheless, most governments in the world – with the exception of those which focus on internet access restrictions, like the Iranian government – will not go after VPN services. These are deemed to be perfectly legal. The common denominator between VPN and the legal status of Bitcoin gambling, seems to be that the onus of any kind of illegal online activity involving either tool, is on the individual. If you use a VPN to engage in Bitcoin gambling within a jurisdiction in which either online gambling or Bitcoin are illegal, then you are on the wrong side of the law.

Bitcoin Gambling With and Without a License

Regardless of whether it is legal or not, more gamblers are taking their chances and are gambling with Bitcoin using VPN services. They do so primarily to circumvent the fencing mechanisms that casinos have in place to keep gamblers from jurisdictions in which they do not have a license, from using their services. That is, if the casino is at all licensed. There are plenty of Bitcoin casinos that are not licensed, and players do not require VPN to gamble on them, because they have no interest in placing any barriers based on the player’s location.

The Bottom Line is…

These Bitcoin casinos that do not have a license, just add to the complexity of the issue. The bottom line is that Bitcoin gambling is legal in many places around the world. In those places where it is not legal, players recur to VPN services to gain access to the service, taking on the added risk of being caught. In other instances, they go for Bitcoin casinos that operate without a license – which makes that casino operation illegal in most places. Bitcoin, however, doesn’t care about the legal status of any of these elements. On that esoteric online jurisdiction, Bitcoin gambling is always legal.

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Blockchain Life 2019

blockchain life

The 4th largest international forum on blockchain and cryptocurrencies Blockchain Life 2019 takes place in Moscow on October 16th—17th.

Every year forum gathers more than 6,000 participants from 70 countries, bringing together industry professionals and the ones who have just started their way in the crypto market.

Experts and participants from 70 countries will discuss the fast development of blockchain technology in Russia and the world. All possible ways of making money on cryptocurrencies and innovative start-ups, blockchain implementations, and market forecasts will be reviewed at the forum.

Industry regulation in various countries will be a special topic for this year. Participants of the Blockchain Life 2019 forum will find out where to invest in at the end of 2019 to get maximum ROI.

Among the first Blockchain Life 2019 speakers:

  • Gleb Kostarev (country manager at Binance Russia and CIS)
  • Richard Wang (managing partner of DFJ Dragon)
  • Stefan Rust (CEO of Bitcoin.com)
  • Bill Barhydt (CEO & founder of Abra)
  • Pavel Lagutin (senior product director at TRON)
  • Sergei Khitrov (founder of Listing.help)
  • Serguei Popov (co-founder of IOTA)
  • Vit Jedlička (the President Of Free Republic of Liberland)
  • Martin Kuvandzhiev (founder of Bitcoin Gold)
  • Klim Geran (head of NEM)
  • Evgeny Loza (top trader at TradingView)

Bitmain and Kaspersky Lab representatives, as well as top world advisors, will join the forum as speakers.

World crypto industry leaders will soon be announced on the official website. Stay tuned!

Blockchain Life 2019 is one of the most significant events in the world and the biggest event in Russia and Europe.

Get your ticket online: https://blockchain-life.com/

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