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Cozy Games become the First iGaming Operator to Accept Digital Currencies

Cozy Games become the First iGaming Operator to Accept Digital Currencies

The web gambling operator Cozy Games made a decision that is unorthodox purchase to produce up for the monetary losings it really is to face after the 1st of December, when the new 15% aim of Consumption bill are going to be implemented for online operators in the uk.

Cozy Games has announced it finalized an agreement with GoCoin, company dealing with electronic currency, so that they can increase the effectiveness of its online payment deals.

The Isle of Man-based Cozy Games will now provide payment that is new for its customers. The partnership with GoCoin brings technology that is new offering a quantity of digital currencies available for re payment or purchase of products. GoCoin is well known for offering crypto-currency choices for its customers globally.

The use of crypto-currencies is one of the more discussed issues, not just in the gambling companies throughout the world, however for any business that has operations with an online platform. There are lots of iGaming businesses which have expressed desire for making use of electronic currencies, such as for instance bitcoin or litecoin in order to pay less money for the money deals and federal government taxes.

If the offer with GoCoin turns into a truth, it will make Cozy Game the initial ever licensed operator to offer payment options with crypto-currencies as part of its payment portfolio.

The CEO of Cozy Games explained that he trusted the innovation and expertise GoCoin would offer to his company, and that were a reason that is major selecting GoCoin to produce their crypto-currency systems. Read More