In the past few days, reports have surfaced claiming that crypto-based illegal gambling has increased in Asia leading to the rise of the industry there. The reports also claim that across the last five years the betting amounts have become larger as traditional payment methods have been replaced by crypto assets. Illegal gambling is thriving in Asia as a report revealed the market to be worth around 400 billion US dollars in 2018. Is crypto responsible for illegal gambling? While online gambling might have increased across recent years, the use of digital assets in this industry has remained scarce. Moreover,
