As we start the new year, Debt Talk speaks about a subject fairly new to the debt sector. In this episode, Ripon Ray speaks about: ‘Crypto assets, gambling and debt’. He had experts from a variety of sectors who gave an overview of the interlink between crypto assets, gambling and debt.

Ismail Malik - Editor and Founder of Blockchain Lab - gave a clear analysis of the meaning of cryptocurrency and the reason for the initial success of such an asset, and the types of people who are leading the campaign to normalise crypto in Britain and in other countries. He argues that they are generally proponents of new innovative technology and deregulation.

Kathy Wade - Manager of Money Guidance Service Manager at GamCare - explored the general behaviours of gamblers and how gambling may impact individuals and their family members. She highlighted strategies that they could use to divert their attention from gambling harm. She admits that further exploration is needed in this area to support individuals who are being harmed by crypto.

Vanessa Norham - Head of Charity Development from Step Change - emphasised the importance of early intervention whilst exploring the need of working in collaboration with gambling and financial regulators and other groups to develop strategies to solve gambling and debt problems.

You can also catch up on Ripon Ray’s previous Debt Talk where he speaks with industry leaders about issues related to Debt.

Next month, Debt Talk is going to speak about: ‘Council Tax, debt and enforcement’

If you want to get in touch with Ripon Ray to speak about Debt related issues: [email protected]