Trueflip gets a Malta License and Becomes Less Crypto
Trueflip has started its operations under a Curacao license. Their license was registered under that company name of Blockchain Games N.V which shows their commitment to the blockchain and crypto world. But over time, they had to make a pivot in their business strategy and decided to become a safer but less crypto casino.
As of October 2021, Trueflip has announced that they have got a Malta license. A Maltese license, given by MGA, is more reputable than a Curacao license cause it means that the casino has more audits and it is safer to play there. But it also means that there will be more KYC checks than ever as they are obliged to do it under the Maltese law.
Trueflip does not seem much like a crypto casino but rather a safe place to gamble for European people. Players in overregulated markets like Sweden, Germany and Norway are looking for new and safe places to gamble and Trueflip provides exactly that. On the crypto department we can not see much improvement though.
