Turkey to Initiate Major Crackdown on Illegal Gambling

Turkey’s offensive against illicit gambling comes at a time of growing recognition that bitcoin and cryptocurrencies pose unconventional challenges to traditional gambling regulations. Calvin Ayre, the founder of Canadian gambling and entertainment company, Bodog, recently stated that cryptocurrency may be making gaming regulations “less relevant’, describing bitcoin as “eat the online gambling industry.”

Turkey has seen record-breaking P2P bitcoin trading volume in 2017, with commentators citing the falling value of the Lira and last year’s exit of Paypal from Turkey as driving demand for bitcoin. It is likely that the nation-wide offensive on illegal gambling may drive much of Turkey’s underground gambling industry toward bitcoin and cryptocurrency adoption in a bid to bypass the surveilled Turkish banking system.

Despite recognizing the challenges that bitcoin and cryptocurrency based online gambling sites may pose to Turkey’s bid to crack down on illicit gambling, Turkey has not developed legal classifications or regulations for virtual currencies. The absence of a legal apparatus pertaining to bitcoin may obfuscate the prosecution process of those alleged to have profited from illegal gambling activities.

  bitcoin. com
İn turkey, goverment put the blame on digital currency and paypal for balance of payments deficit. So, they very aggressive like this situtations.
Even, until last month, one of the major BTC markets sites was close because thats like things.
And now, goverment, wants to take taxes from every international credit card payment.