Why crypto complicates esports betting regulation
Esports betting is regulated at the jurisdiction level, and cryptocurrency adds a second compliance layer: financial-crime rules for virtual assets. Globally, anti-money-laundering (AML) standards from the Financial Action Task Force (FATF) require countries to regulate virtual-asset service providers (VASPs) and apply the “Travel Rule” to crypto transfers, which affects how sportsbooks, wallets, and exchanges move…