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Trading of Virtual Goods Banned in China

By Siam Choudhury, Editor-in-Chief
Published June 29, 2009

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InformationWeek reports that China has banned the trading of virtual goods or virtual currency for real money. According to the joint release from China’s Ministry of Culture and Ministry of Commerce that InformationWeek is citing, the definition of virtual currency includes pre-paid cards for online games.

The ruling is likely to affect many of the more than 300 million Internet users in China, as well as those in other countries involved in virtual currency trading. In the context of online role playing games like World of Warcraft, virtual currency trading is often called gold farming.

The entire article can be read here.

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7 Responses to “Trading of Virtual Goods Banned in China”

  1. The MMO Gamer on June 29th, 2009 13:32

    China bans gold farming: http://bit.ly/4VvEX #mmo #mmorpg

  2. Siam Choudhury on June 29th, 2009 13:33

    RT @TheMMOGamer: China bans gold farming: http://bit.ly/4VvEX #mmo #mmorpg

  3. Wes Platt on June 29th, 2009 13:33

    Can Canada cash in?! RT @TheMMOGamer: China bans gold farming: http://bit.ly/4VvEX #mmo #mmorpg

  4. goremania on June 29th, 2009 13:37

    can’t believe it – China bans gold farming – http://bit.ly/4VvEX

  5. MI5 Target on June 29th, 2009 14:04

    RT @TheMMOGamer: China bans gold farming: http://bit.ly/4VvEX #mmo #mmorpg @OfficialJagex #Runescape Yay

  6. The MMO Gamer on June 29th, 2009 14:07

    Trading of Virtual Goods Banned in China http://bit.ly/Ifv1s #mmo #mmorpg

  7. Claude Vinet on June 29th, 2009 21:22

    Trading of Virtual Goods Banned in China : The MMO Gamer http://bit.ly/1362Zc

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