The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).
To protect its citizens from wasting money that they don’t have, the Australian government implemented a ban on using crypto and credit cards for online gambling.
On June 11, The Canberra Times reported that Australia started to prohibit digital currency and credit card use for online gambling platforms.
The government announced that companies failing to comply with the new rules could face fines of up to approximately 234,750 Australian dollars ($155,000).
