Bitcoin is the oldest and most popular electronic cash in the world. It has transformed many online sectors, including the online gambling industry. Today, hundreds of online casinos accept Bitcoin. By 2017, gamblers had wagered a total of $4.5bn worth of Bitcoins, and in the years after, Bitcoin gambling has grown exponentially.
Located in Central Europe, Germany is known for being the economic powerhouse of the European Union and for its high standards of living. Germany's gambling laws are very complex and while it may not be legal to licence a casino site, citizens are still allowed to access and play online casino games.