WILLEMSTAD – The Curaçao Gaming Authority (CGA) has introduced comprehensive new guidelines governing the use of cryptocurrency by licensed online gambling operators, marking another major step in the implementation of the island's modernized gaming regulatory framework.
The new policy applies to business-to-consumer (B2C) license holders and establishes clear compliance requirements for every stage of cryptocurrency transactions, from player deposits and wagering to withdrawals and treasury management. The framework will be implemented in phases over the next 12 months.
Under the guidelines, operators must ensure that all cryptocurrency transactions are fully traceable and comply with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. They are also required to conduct enhanced customer due diligence, monitor blockchain transactions for suspicious activity, and maintain detailed records of all crypto-related operations.
The regulator is also requiring operators to establish clear internal policies covering the acceptance of digital assets, the handling of blockchain risks, wallet security, transaction monitoring and operational governance.
According to the CGA, operators remain responsible for ensuring that the use of cryptocurrencies does not undermine consumer protection or regulatory compliance. Licensees must also clearly explain to players how cryptocurrency deposits, withdrawals, refunds and conversions are handled.
The guidelines form part of Curaçao's broader effort to strengthen oversight of one of the world's largest online gaming jurisdictions following the introduction of the National Ordinance on Games of Chance (LOK), which replaced the island's former master licensing system with direct licensing by the CGA.
The new crypto framework is intended to provide greater legal certainty for operators while reinforcing Curaçao's reputation as a regulated jurisdiction capable of supporting innovation in digital finance and online gaming.