Cryptocurrency Lottery is Emerging from the Shadows and Looking for Regulation

[kreslik.news]

Online gambling has been a feature of the Bitcoin ecosystem since its early days and ‘casino’ sites are usually among the first applications to pop up when a new cryptocurrency is launched. Until now however most providers of these services remained anonymous and unregulated, which raises both legality and security concerns.

True Flip is a new project trying to fix this by offering a cryptocurrency lottery in a more transparent way while openly seeking a license for the business. Two members of the team, Konstantin Katsev, CMO, and Vasily Polynov, Head of Communications, sat down to explain their firm’s offering to Finance Magnates.

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