China to crack down on gold sellers?

tanitha's picture

China has unveiled the first official rule on the use of virtual currency in the trade of real goods and services to limit its possible impact on the real financial system. Would you like to know more?

Don't believe me? Neither do I! So read more ...

News release from the Chinese Ministry of Commerce. Coverage in China Daily. And a bit more from InformationWeek. This has a lot of interesting possibilities, especially considering how harsh by our Western standards China's criminal justice system is.

My biggest concern is how this will impact games like Project Entropia with legitimate currency conversion elements.

Comments



I'll believe it, when they're actually sentencing people to re-education camps.

Problem with China is, you grease the wheel enough, and you won't get hassled, no matter what you do. Case in point, the whole toxic milk incident.

Sure a few examples will be made, then again, Abu Ghraib had its examples as well. The higher ups will get away free like a bird.

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