[Opensim-users] Virtual World Currency gets more complicated

[Karen Palen]

This is from today's slashdot.org 

I know many OpenSim users are planning to set up soem form of currency exchange on their grids. THis si one of the aspects that needs to be considered before "going live".

Karen

http://games.slashdot.org/story/10/01/19/1653240/Virtual-Currency-Becomes-Real-In-South-Korea

 Virtual Currency Becomes Real In South Korea on Tuesday January 19, @01:29PM
Posted by Soulskill on Tuesday January 19, @01:29PM
from the license-to-print-money dept.
money
garylian writes "Massively is reporting that the South Korean Supreme Court has stated that virtual currency is the equivalent of real-world money. For those of you who might not be drawing the link, the core there is that selling in-game currency for real money is essentially just an exchange of currency and perfectly legal in South Korea. This could have sweeping implications for RMT operations the world over, not to mention free-to-play games and... well, online games in general. The official story is available online from JoongAng Daily."