China Stops Gold Farming


China is known for two things in the gaming world: MMOs and gold farming.

The latter may be coming to an end if the government has anything to say about it. Apparently a significant crime problem, money laundering specifically, has popped up via selling fake gold for real money.

While there is a legitimate buisness at work here, employing 400,000 people within the country and generating $500 million, the government feels there is a reason to crack down. The new law would prevent fake currency from being sold for tangible goods, only virtual ones (i.e., you can still sell in-game or cross game). Unless lawyers find a work-around, be prepared to actually have to play the game for your gold needs.

Combine that with the countries crackdown on Internet porn, and what do those people have left?

Reblog this post [with Zemanta]