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China Bans Gold Selling

Updated Tue, Jun 30, 2009 by B. de la Durantaye

The government of China ruled today that the trading of virtual currency for real world goods or services has been outlawed.

The ruling is likely to affect many of the more than 300 million Internet users in China, as well as those in other countries involved in virtual currency trading. In the context of online role playing games like World of Warcraft, virtual currency trading is often called gold farming.

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