South Korean regulators ban NFT-applied games - Aliens: AI Crypto News & Markets Updates

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South Korean regulators ban NFT-applied games

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Aliens

Thu, Nov 25, 2021

South Korean regulators have banned NFT-applied games in the country, on concerns that these new services could fuel gambling addiction among children and adolescents. For now, these games are accessible only overseas.

"It's not the blockchain technology that we are banning," an official at South Korea's Game Rating And Administration Committee told Reuters. "What we are saying 'no' to is the application of NFT that can be connected to real assets," the official said.

Source: Reuters

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