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South Korea Rules Virtual Currency is as Good as Cash

Maximum PC: The global market for virtual goods is already worth billions of dollars annually. In fact, several small countries around the world have smaller GDPs than the total worth of the virtual economy. But there are very few laws to regulate virtual commerce in its infancy. At this stage, it is only fair to expect the courts and lawmakers to only tackle issues related to virtual trade as and when they appear before them.

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