TechFlow News, June 25: According to iGB, the Curaçao Gaming Authority (CGA) has officially released its Cryptocurrency Policy Guidelines for B2C online gambling licensees, requiring all group entities involved in cryptocurrency transactions to comply with global Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) frameworks. The phased implementation deadline has been extended to mid-2027.
Key requirements include: Licensees may accept cryptocurrencies only for gambling purposes and must not act 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, while privacy coins, meme coins, and wrapped tokens with unclear provenance must be assessed or excluded; player, operational, and treasury wallets must be strictly segregated, and personal or Ultimate Beneficial Owner (UBO)-linked wallets are prohibited; funds associated with mixers, tumblers, or sanctioned addresses are strictly prohibited.
Regarding the compliance timeline, operators must submit their cryptocurrency compliance policies to the CGA within three months, complete risk assessments and staff training within six months, and achieve full compliance—including wallet segregation, on-chain analytics deployment, and audit log maintenance—within 12 months (i.e., by June 2027). The CGA also reserves the right to require accelerated compliance in the event of significant risks.
