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Published by Greg Barbe on 29 Jun 2009 at 06:42 pm
In an attempt to stop gambling and other illegal activities the Chinese government has decided to ban all forms of trade that turn virtual items in to real world cash.
According to the official press release from the Ministry of Commerce…..
The virtual currency, which is converted into real money at a certain exchange rate, will only be allowed to trade in virtual goods and services provided by its issuer, not real goods and services.
Considering the amount of money that transfers hands in this business, I don’t think gold farming is going away.
