Netherlands issues record €37.25M fine to gambling sites accepting bitcoin

• —The €37.25M fine is capped at 10% of global revenue; the initial calculation was nearly €293M
• —EOD Code runs 12 sites, including Instantcasino and Skyhills
• —A regulator employee deposited €20 in bitcoin on Instantcasino during a test
• —Crypto payments were treated as an aggravating factor over laundering and tax-evasion risks