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There are some countries around the world where online gambling is illegal. There are also many who strictly control online casinos, and bitcoin casinos are no different. The main difference being that with bitcoin, players can remain anonymous to a certain extent. Until the grey area is cleared up as to what taxes are imposed and when then there is no clear way of knowing unless it is strictly outlined on the casino website. Crypto exchanges are going through the same thing with KYC (Know Your Customer) regulations, and bitcoin casinos will be following suit if they have not done so already, Bitstarz free spins no deposit, bitstarz free spins code. Cryptocurrency is transferred directly from peer to peer because the middleman has been eliminated. The blockchain is the public ledger used for storing the transactions. Cryptography is used to encrypt both the ledger and transaction data. This is the reason it is called cryptocurrency. The digital currency is also decentralized. 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