China’s Anti-Crypto Policies Threaten to Spread to Its Gaming Market

Recent moves by Chinese authorities to define crypto as a money laundering tool could impact the performance of the multi-billion dollar gambling industry. SCMP’s Hugh Harsono argues that these measures may affect games such as Metacene, which introduced cryptocurrencies as in-game currency. In addition, games that include play-to-earn components and non-fungible tokens (NFTs) could also be affected (…)