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However, cryptocurrency-specific gambling operates in a legal grey area: crypto is legal to own and trade but not recognized as legal tender or a financial instrument, and Coljuegos explicitly prohibits cryptocurrency use for internet betting on licensed platforms.
International offshore sites accepting Bitcoin from Colombian players are accessible but unregulated locally, meaning no direct protections from Coljuegos. Players should use VPNs if needed for access, gamble responsibly (18+), and be aware of potential tax implications on winnings as ordinary income.