Korean government tells Apple and Google stores to take down P2E games By Cointelegraph
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The South Korean government has moved to block the release of new play-to-earn (P2E) games and requested that existing ones be removed from Google (NASDAQ:) Play and Apple’s App Store.
P2E gaming has become popular in the cryptocurrency industry. Gamers typically must first purchase game pieces as nonfungible tokens (NFT) in order to play the game and receive in-game rewards. However, gaming prizes over a few dollars are banned in South Korea.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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The South Korean government has moved to block the release of new play-to-earn (P2E) games and requested that existing ones be removed from Google (NASDAQ:) Play and Apple’s App Store.
P2E gaming has become popular in the cryptocurrency industry. Gamers typically must first purchase game pieces as nonfungible tokens (NFT) in order to play the game and receive in-game rewards. However, gaming prizes over a few dollars are banned in South Korea.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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