Virtual Item Sales Banned in South Korea

In July South Korea will announce a new law that bans the sale of virtual items for real money. The head of the South Korean The Ministry of Culture, Sports and Tourism, Kim Kap-soo issued a statement saying: “The main purpose of the games is for entertainment and should be used for academic and other good purposes.” The Korean government also stated that 60% of virtual items sold were obtained by bots. Government officials believes these bots were giving games a bad reputation. The new law will punish offenders with a hefty 50 million won fine. That translates to over $27,000.

Everyone hates gold farmers, but that’s a pretty hefty penalty to impose on someone for committing a virtual crime. The South Korean Government could just report these players to Blizzard and hit them with a smaller fine. But perhaps the law is aimed at breaking up larger gold farming operations. Either way, this will be the end of Diablo 3′s auction house in South Korea. It will be interesting to see if any other countries decide to follow South Korea’s example. China has always had a problem with gold farmers and very recently a Chinese gold farmer named Markee Dragon admitted that hacking Diablo 3 accounts to farm items is a huge problem. For now, it will be interesting to see how successful South Korea is at enforcing the law.

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5 Comments on Virtual Item Sales Banned in South Korea

Vvasho

On June 16, 2012 at 6:15 am

I wonder what will happen to all the korean online game: they are almost all Free-to-Play but Pay to win…

J

On June 16, 2012 at 5:34 pm

South Korea – at least one nation on this planet understands that definition of a game

David Moss

On June 16, 2012 at 6:27 pm

They take their gaming pretty seriously. A lot of pro Starcraft players are from South Korea.

quicktooth

On June 16, 2012 at 10:14 pm

J – Absolutely. It’s kind of appaling how Blizzard tries to extract money from it’s customers.

SirSmellx

On June 19, 2012 at 10:19 pm

LOL starcraft is huge in South Korea. They show it on t.v.