According to iGamingBusiness, Curaçao’s gaming regulator has issued a crypto policy for B2C online gambling licence holders, with the framework taking effect in June and being phased in through mid-2027. The rules also apply to group entities that support a licensed operation.
The guidelines follow Curaçao’s wider overhaul under the National Ordinance on Games of Chance, which replaced the old master licensing system with direct CGA supervision. They cover the full chain of crypto activity, from player deposits and wagering through withdrawals and treasury management.
Crypto may be used only for gambling transactions, and licensees are barred from acting as exchanges, custodians or virtual asset service providers. Operators must ensure transactions are fully traceable and compliant with AML and CTF rules.
They also need enhanced customer due diligence, blockchain monitoring, detailed records and clear explanations to players on how deposits, withdrawals, refunds and conversions are handled. The regulator wants licensees to show that crypto use does not undermine consumer protection or regulatory compliance.
The policy favours fiat-backed stablecoins, while privacy coins, meme tokens and wrapped assets with unclear backing must be risk-assessed and addressed in each operator’s internal policy. Transactions involving mixers, tumblers or sanctioned wallets are banned outright.
Licensees must upload a compliant crypto policy within three months and complete risk assessments, due diligence on third-party VASPs, wallet ownership controls, transaction monitoring procedures and staff training within six months. The CGA said it can accelerate deadlines if material risks emerge, and full compliance is due by June 2027, when wallet segregation, blockchain analytics, reconciliation, withdrawal whitelisting and audit-ready records must all be in place.
