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Online Currency Trading News
Chinese Government Limits Virtual Currency Trading (Gamasutra)
China's Ministry of Commerce has extended its governing reach into online realms, limiting in several ways the trade and conversion of virtual currency. According to a press release issued by the ministry, virtual currency may now only be used to purchase virtual goods and services, and may not be used to buy real-world goods. Furthermore, minors are prohibited from buying virtual currency, and ...
Read more...Chinese officials try to regulate virtual currencies (San Jose Mercury News)
China is one of the world's biggest markets for huge so-called multiplayer online games like 'World of Warcraft,' and tens of millions of young people are believed to be trading virtual goods and credits for real goods and cash.
Read more...China Limits Use of Game Players’ Virtual Currency (New York Times)
The regulations, aimed at cracking down on the use of virtual currencies, could deal a blow to the country’s fast-growing online gaming industry.
Read more...China outlaws virtual money for trading (ZDNet Asia)
Chinese government decrees virtual currency not legal tender in transactions involving real-world products and services, but allows it to be purchased by real money.
Read more...High Probability ETF Trading Report: Oversold Commodity ETFs: SLV, GLD, DBB (TradingMarkets.com via Yahoo! Finance)
Do you want to trade the best edges? Those edges that have had the highest historical rates of success? Then learn how to apply high probability ETF trading strategies to take advantage of opportunities in these ETFs on our oversold list.
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