BC.Game Secures Curacao License Under New LOK Regulatory Framework
BC.Game has obtained a fresh permit under the recently implemented LOK regulatory structure in Curacao. This supersedes the former NOOGH legislation and indicates a substantial move toward bolstering the island’s standing within the internet gaming sector. The updated structure implements more stringent conformity measures, a revised application procedure, and a more resilient due diligence mechanism. BC.Game perceives this as a significant achievement in its dedication to delivering a dependable and protected gaming environment for its players. Curacao’s Minister of Finance, Javier Silvania, recognized the difficulties the island has encountered concerning its image in the online gambling realm and emphasized the LOK framework as a vital measure toward tackling these issues.
Frequently received an inaccurate portrayal as a sanctuary for illicit activities and financial obfuscation, which significantly damages our reputation.
However, this recently acquired authorization from Curaçao, the LOK, will rectify this situation.”
This permit will enable BC.Game, a well-known internet gaming platform recognized for its acceptance of diverse digital currencies, to maintain its operations across numerous geographical areas globally.
“Curaçao represents merely the initial phase of our comprehensive international plan,” Dorsey elaborated.
“As we sustain our accelerated expansion, anticipate further captivating advancements and pronouncements in the foreseeable future.”
It is noteworthy that BC.Game already possesses a license from the UK Gambling Commission for its activities within the UK, showcasing its dedication to regulated sectors.
