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Online gaming platforms are probably the only ones to have not only adopted blockchain technology but also cryptocurrencies as a mode of payment. According to reports, the online gambling industry has been instrumental in promoting the use of cryptocurrency as it adds to the convenience, privacy as well as security for both the users as well as platforms. Why the Gambling Industry. Gambling-related activities are regulated by the governments across a majority of jurisdictions, which had forced the online gambling platforms to limit their geographical reach to specific jurisdictions while ensuring compliance with all applicable laws of the land. At the same time, many countries have made gambling illegal and those residing in such geographies were left with no alternative. That is until Bitcoin came along. 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