{"id":210864,"date":"2010-01-21T00:44:13","date_gmt":"2010-01-21T05:44:13","guid":{"rendered":"http:\/\/www.gizmag.com\/virtual-currency-ruling\/13934\/"},"modified":"2010-01-21T00:44:13","modified_gmt":"2010-01-21T05:44:13","slug":"virtual-currency-ruling-promises-virtual-markets","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/210864","title":{"rendered":"Virtual currency ruling promises virtual markets"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.gizmag.com\/pictures\/hero\/virtualcurrencyrulingpromisesvirtualmarkets.jpg\" alt=\"Virtual currency ruling promises virtual markets\"><\/p>\n<p>The South Korean Supreme Court has ruled that the virtual &#8220;cyber money&#8221; used in online games can legally be exchanged for actual cash here in the real world. The ruling means that players of online games can sell their in-game currency to other players for real-world money. It also means that the South Korean government is going to tax the proceeds of those sales&#8230;<\/p>\n<p><b>Tags:<\/b> <a href=\"http:\/\/www.gizmag.com\/tag\/business\/\" rel=\"tag\">Business<\/a>,<br \/>\n <a href=\"http:\/\/www.gizmag.com\/tag\/currency\/\" rel=\"tag\">currency<\/a>,<br \/>\n <a href=\"http:\/\/www.gizmag.com\/tag\/cyber+money\/\" rel=\"tag\">cyber money<\/a>,<br \/>\n <a href=\"http:\/\/www.gizmag.com\/tag\/gaming\/\" rel=\"tag\">Gaming<\/a>,<br \/>\n <a href=\"http:\/\/www.gizmag.com\/tag\/south+korea\/\" rel=\"tag\">South Korea<\/a><\/p>\n<p><b>Related Articles:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.gizmag.com\/game-console-online-content-set-to-boom\/9941\/\">Game Console Online Content set to boom<\/a><\/li>\n<li><a href=\"http:\/\/www.gizmag.com\/go\/6097\/\">Survey reveals U.S. gamer market is diversifying<\/a><\/li>\n<li><a href=\"http:\/\/www.gizmag.com\/go\/7420\/\">Fatal1ty continues to build cyber-athlete profile<\/a><\/li>\n<li><a href=\"http:\/\/www.gizmag.com\/go\/8124\/\">Revolution Money offers online payment alternative<\/a><\/li>\n<li><a href=\"http:\/\/www.gizmag.com\/call-of-duty-4-modern-warfare-review-xbox-360\/8424\/\">Call of Duty 4: Modern Warfare Review (Xbox 360)<\/a><\/li>\n<li><a href=\"http:\/\/www.gizmag.com\/go\/7742\/\">Worlds collide: multi-million dollar real world home for sale via Second Life<\/a><\/li>\n<\/ul>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/xrPPmo1mIw8uYUmJ58_hrt5fulg\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/xrPPmo1mIw8uYUmJ58_hrt5fulg\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/xrPPmo1mIw8uYUmJ58_hrt5fulg\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/xrPPmo1mIw8uYUmJ58_hrt5fulg\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?a=8zPLKbtueyA:o8VeGeKpiBQ:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?a=8zPLKbtueyA:o8VeGeKpiBQ:H0mrP-F8Qgo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?d=H0mrP-F8Qgo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?a=8zPLKbtueyA:o8VeGeKpiBQ:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?i=8zPLKbtueyA:o8VeGeKpiBQ:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?a=8zPLKbtueyA:o8VeGeKpiBQ:wF9xT3WuBAs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?i=8zPLKbtueyA:o8VeGeKpiBQ:wF9xT3WuBAs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?a=8zPLKbtueyA:o8VeGeKpiBQ:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/GizmagEmergingTechnologyMagazine?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GizmagEmergingTechnologyMagazine\/~4\/8zPLKbtueyA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South Korean Supreme Court has ruled that the virtual &#8220;cyber money&#8221; used in online games can legally be exchanged for actual cash here in the real world. The ruling means that players of online games can sell their in-game currency to other players for real-world money. It also means that the South Korean government [&hellip;]<\/p>\n","protected":false},"author":639,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-210864","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/210864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/639"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=210864"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/210864\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=210864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=210864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=210864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}