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Expanding the possibilities of multi-currency play


The material relates to "Trends in Australian Online Casinos: 2025 Survey."

Disclaimer. According to the Interactive Gambling Act 2001, online casinos in Australia remain illegal. ACMA (Australian Communications and Media Authority) actively blocks sites and affiliates that offer unlicensed services. The information is analytical.

1) The essence of the multicurrency game

A multi-currency game involves the ability to choose a currency for a deposit, bets and display winnings. In 2025, the trend intensified due to the growth of cryptocurrency casinos and the integration of local fiat currencies.

Key features:
  • support for multiple currencies in one account;
  • Instant conversion between accounts
  • flexibility of currency selection for different games;
  • lower fees for cross-border transactions.

2) Developmental causes

1. Market globalization - Australian players are increasingly turning to international platforms.
2. The growth of cryptocurrencies - Bitcoin, Ethereum, USDT have become the standard in a number of casinos.
3. Convenience for players - the ability to play AUD, USD, EUR or cryptocurrency without restrictions.
4. Marketing advantage - multi-currency casinos attract an international audience.

3) Technology and infrastructure

Multi-currency wallets - support for crypto and fiat accounts at the same time.
API for conversion - integration with payment providers (for example, MoonPay, Simplex).
Automatic linking of currency to geo - the system offers AUD for players from Australia, USD for global ones.
Crypto casino smart contracts - provide fast and transparent transactions.

4) Popular currencies in 2025

Fiat: AUD, USD, EUR, GBP.
Cryptocurrencies: BTC, ETH, USDT, BNB, SOL.
Stablecoins are most in demand as they minimize volatility.

5) Impact on players

Pros:
  • convenience in cross-border transfers;
  • Currency selection reduces commission costs
  • the ability to store funds in different formats (fiat + crypto).

Cons:
  • additional risks during conversion;
  • cryptocurrency volatility;
  • difficulties with tax accounting of winnings in different currencies.

6) Australian context

IGA 2001: Bans online casinos, including multi-currency platforms.
ACMA: Actively blocks sites offering cryptocurrency deposits.
Financial restrictions: from June 2024, the use of credit cards and cryptocurrencies for online betting is prohibited.
KYC and AML: Operators are required to verify the origin of funds, which complicates multi-currency transactions.
BetStop: Applies to all foreign exchange transactions, including cryptocurrency transfers.

7) International practice

Europe - the multi-currency game is actively developing, cryptocurrencies are regulated under MiCA (Markets in Crypto-Assets).
Asia - crypto bets remain in the gray zone, but popularity is high.
USA - regulation is strict, multi-currency casinos operate only in legal states.

8) Conclusions

Trend 2025: Multi-currency casinos are becoming the standard for the global market.
Players get: more flexibility, less commissions, access to crypto and fiat tools.
In Australia: Multi-currency casinos are officially banned, however demand remains and players are looking for alternatives on overseas platforms.
Global: Multi-currency increases competition and makes the market more versatile, but requires strict AML/KYC controls.