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Maybe this is blurring the line between online and TV, but TV streaming services definitely have gambling ads. A gambling ad literally just came on the Channel 4 player in front of me as I started typing this.

Do you have the link that regulate crypto as gambling in UK? I tried Google it but no luck.

wait if crypto is gambling, then they don't tax the proceeds, right? but I'm pretty sure they tax it as capital gains..... so it's gambling for advertising purposes but capital investment for tax purposes...

I suppose the law is an ass.

This isn't true. OP may be confusing things like this - https://www.gamblingcommission.gov.uk/licensees-and-business... - as saying that crypto is regulated as gambling, but it's not.

You can buy crypto on PayPal?? Our New Zealand version doesn't mention it either.

Not in New Zealand. The USA, the UK, and Luxembourg only.