Rollbit’s Token Plummets by 20% Over Licensing Worries πŸ“‰

Rollbit's Token Plummets by 20% Over Licensing WorriesCrypto casino Rollbit has been facing licensing concerns that led to a drastic drop in the value of its token. The platform’s native token RLB, fell by 20% in 24 hours and an overall 37.5% over the last two weeks.

Rollbit is mainly being accused of operating without a proper license. The platform has garnered attention from the cryptocurrency community, who have raised concerns about its license status. In response to these concerns, Rollbit has released a statement addressing the issue.

Rollbit confirmed the licensing issues with a Twitter post, but reassured investors that the company was working to resolve the situation as soon as possible. The post stated that discussions with regulators are ongoing in affected jurisdictions and they are optimistic about obtaining the necessary licenses:

Rollbit’s official statement had a confident tone from the beginning about the casino’s long-term prospects and obtaining the necessary licenses and rebuilding trust. For that reason, it was not surprising that that Rollbit has successfully renewed its license and announced the news on Twitter on April 5th:

Although Rollbit seems to be off the hook for the time being, it is imperative for gamblers who are enthusiastic about cryptocurrencies to conduct thorough research and exercise prudence while interacting with online gambling platforms.

πŸ‘Click here to visit Rollbit!

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