Korea calls on Apple and Google App Store to end P2E games
The South Korean government has taken action to prevent the release of new P2E games and has requested that existing P2E games be removed from Google Play and Apple's App Store.
P2E games have become very popular in the cryptocurrency industry. In order to play the game and get the benefits of the game, players often need to purchase in-game items with different tokens. However, in South Korea sports bonuses of more than a few dollars are limited.
Yesterday, the Games Management Committee (GMC) of the Ministry of Culture, Sports and Tourism asked cell phone makers to restrict games that require in-app purchases before they can be played.
To prevent the spread of what is considered a financial enterprise, it is almost impossible for GMC in Korea to display the work of P2E game developers in the most popular mobile retail stores. .
While the government's attempt to get straight into the App Store and restrict P2E game development is a new experience, Korean developers face a legal battle to control it. P2E game sold in the domestic App Store since April. The main problem is that some gaming apps are not old enough to register on the App Store.
A South Korean GMC official said the council only limits the age for measuring and recording P2E activities as required by the Supreme Court. The president said in a statement on December 28:
He added, “It is appropriate to limit the age for P2E games under current law.
In Korea, gaming revenue cannot exceed 10,000 won per session.
Five Stars for Klaytn, a competition for NFT friends and industry, began to be banned by Korean retailers due to a lack of reviews, but the team that created the event broke restrictions by June and released the game. The final rule of law in the game should be in accordance with the law for other P2E games such as the Infinite Breakthrough Three Kingdoms region.
GMC's work in South Korea negatively affects all P2E gaming apps, including apps that include the two most popular games: Axie Infinity and Splinterlands.
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