Doing my regular stop by Jonric's Blog, I noticed he had an interesting blurb about a Forbes article on some recent changes going on in China. Forbes: China Cracks Down on Virtual Currencies is an article about China's concerns about the effects of virtual currency and steps China is taking to deal with this billion dollar industry.
"Worried that virtual currencies from online games could undermine the country’s financial system, Beijing has taken steps to restrict their conversion into yuan and use to buy real goods, and banned the opening of new Internet cafés."
Link: Jonric's Blog / Forbes: China Cracks Down on Virtual Currencies
http://www.forbes.com/markets/2007/03/0 ... ets14.html