With news today that Canada is regulating bitcoin at the national level, gambling websites Just-Dice and Doge-Dice (under same ownership and presumably run from Canada) have announced that they are ceasing account depositing and betting for the foreseeable future.
The news comes from the sites’ official blog in a post made by a staffer that simply goes by ‘Deb’:
[blockquote style=”2″]As some of you know and many of you are going to find out, we have determined that the best course of action following Canada’s new regulations regarding ‘online currency’ […] is to temporarily disable betting and depositing on both Just-Dice and Doge-Dice.[/blockquote]
Canada’s new regulations make things incredibly difficult for new businesses working in the bitcoin industry to get themselves in compliance with the law.
Deb of Just-Dice/Doge-Dice notes that along with ‘Doog’ (another staffer) “are working on alternatives for the sites,” adding that they’ll work to keep the community adequately updated as progress is made.
They also make the recommendation that all users withdraw their coin balances and keep it in their own private means of storage until such a time where the website can open for business again.
Until then, the sites will still remain functional, but all transaction taking place on the properties will be in what’s they’ve referred to as a “play coin” environment. In other words, not real money.
“We would like to take this opportunity to thank each and every one of you, players, mods, investors and those who have just been active on chat. Without you, we’d not have enjoyed such a remarkable year together,” she writes. “We hope to see you all back again once we’ve had a chance to get our ducks in a row.”
A request for additional comment submitted to Deb and Doog by NEWSBTC was not responded to before time of publishing.