Cryptocurrency Q&A
Is buying in-game currency gambling?
Is buying in-game currency gambling?
CryptoTitan
Fri Nov 08 2024
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6
answers
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I'm wondering if purchasing in-game currency, like those used in many online games for buying items or upgrades, can be considered as gambling. Are there any risks or similarities to traditional gambling involved in this process?
6 answers
CoinPrince
Sun Nov 10 2024
Elements within these games that allow for such conversions are frequently scrutinized.
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CharmedEcho
Sun Nov 10 2024
These elements might be deemed as licensable gambling activities.
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Tommaso
Sun Nov 10 2024
In environments where players have the convenience to convert in-game rewards into cash or its equivalent.
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KimchiQueenCharmingKissWarmth
Sun Nov 10 2024
According to Section 3.17 of the relevant regulations.
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GalaxyGlider
Sun Nov 10 2024
Such opportunities often blur the line between gaming and gambling.
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