Sunday, November 26, 2006

Korea going to ban online currency trading! @ MMorpgDot

Vnunet are reporting that South Korea (thats the good capitalist economic powerhouse, not the crazy rogue nuclear dictatorship) are due to ban professional game currency trade. Will this make any difference to the MMO industry in the western hemisphere? Only time will tell.

South Korean legislators are to ban commercial trading in the virtual currencies used by online gamers by the end of this year, local media reports say.

Almost $900m worth of virtual cash is being traded every year by gamers in the country, according to official estimates.

Read the full article here.

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