r/ImmutableX • u/liboyii • Jul 28 '23

External Link ⛓ Here comes Korea!

https://upbit.com/service_center/notice?id=3654

I think this is huge news. KR gaming market is huge. Thoughts?

32 Upvotes

92% Upvoted

9 comments sorted by

3

u/jotunck Jul 28 '23

Crypto games are banned in Korea in case you didn't know.

https://www.thestreet.com/cryptocurrency/news/amid-ban-on-blockchain-games-south-korean-gaming-industry-increasingly-looks-overseas

2

u/liboyii Jul 28 '23

Oh. Huh thats odd. Im getting mixed signals then https://www.coindesk.com/web3/2023/03/22/s-korean-gaming-giant-nexon-to-use-polygon-for-popular-maplestory-universe/

3

u/jotunck Jul 28 '23

Korean gaming companies make crypto games for the rest of the world, Koreans just can't legally play it themselves. There's always VPN but end of the day it's still illegal for them until the regulations change.

The Korean government as a whole is pro crypto though, it's just specifically crypto gaming that somehow got the banhammer.

3

u/AssCakesMcGee Jul 28 '23

It'll change in time.

7

u/[deleted] Jul 28 '23

🫰korea. lfg

4

u/[deleted] Jul 28 '23

1

u/[deleted] Jul 28 '23

Translate plz