According to iGB, the Curacao Gaming Authority (CGA) has officially released guidelines on cryptocurrency policies for B2C online gambling licensees, requiring all group entities involved in cryptocurrency transactions to comply with the global AML/CFT framework, with a phased implementation deadline extended to mid-2027. Key requirements include: licensees may accept cryptocurrencies only for gambling purposes and are prohibited from acting as exchanges, custodians, or virtual asset service providers (VASPs); mandatory deployment of blockchain analytics capabilities for wallet risk scoring and transaction monitoring; preference for fiat-backed stablecoins, with privacy coins, meme coins, and unverified wrapped tokens subject to evaluation or exclusion; strict segregation of player, operational, and treasury wallets, prohibiting the use of personal wallets or those linked to UBOs; and outright prohibition of funds associated with mixers, tumblers, or sanctioned addresses. Regarding the compliance timeline, operators must submit their compliant cryptocurrency policy to the CGA within three months, complete risk assessments and staff training within six months, and achieve full compliance—including wallet segregation, deployment of on-chain analytics, and maintenance of audit records—within 12 months (by June 2027). The CGA retains the authority to require accelerated compliance in the event of significant risks.
Curaçao Gambling Authority Issues Crypto Gambling Compliance Rules with 2027 Deadline
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Summary
The Curaçao Gambling Authority (CGA) has issued updated crypto compliance rules for B2C online gambling licensees. The guidelines align with global AML and CFT (Countering the Financing of Terrorism) standards, requiring operators to accept cryptocurrency solely for gambling purposes, use blockchain analysis tools, and isolate wallets. Privacy coins, meme coins, and unverified wrapped tokens are prohibited. Licensees must submit compliance policies within three months, complete risk assessments and training within six months, and achieve full crypto compliance by mid-2027.
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