The Truth About China's New Virtual Currency Law

Last week, ZAM reported that China passed a law that prohibits the sale of virtual currencies. The story has made quite a few laps around fansites and blogs throughout the last few days, mainly billed as "China Bans Gold Farming," or some such title. While there's a bit of truth in that aspect of the story, it's not the whole truth. There has been a considerable amount of misunderstanding surrounding the issue, even from otherwise-reputable sources.

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