Under pressure from the government, Linden Lab the creator and operator of virtual world “Second Life” have given up all virtual gambling within their realm. Gambling is now strictly prohibited and possibly a crime.

Rapid growth and strong financial backing as the Peer-to-Peer market for RMT trading debuts

eBay puts the brakes on virtual products auctions, but Second Life products are exempt and shall remain OK.

New Financial Services Developing Around Virtual Game Currency.

This month I’m taking a closer look at virtual game currency or virtual e-currency. For the last few years, China’s virtual currency world has been quickly growing up and today it is rapidly expanding and gaining real e-commerce muscle. China’s Xinhua News has reported that the volume of virtual currency transactions has reached several hundred million USD a year in China.
The QQ coin is a virtual currency issued by Tencent which is China’s largest IM provider. The virtual money is highly valued and already the central bank of China is worried …read more

Digital Currency, like physical cash carries with it certain inherent characteristics. An everyday look at Digital Currency.

All January we are taking a closer look at Virtual Gaming Currency.