Kingsley Joseph is founder of Petal Flame, a startup focused on innovative mobile social apps.

"The South Korean Supreme Court made a ruling stating that online games’ virtual currency, or “cyber money”, can legally be exchanged for real world currency. The ruling also stated that transactions using this “cyber money” will be taxable."

South Korea Rules Virtual Currency On Par With Real Money

Posted January 25, 2010 at 6:49 am 4 notes

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