A LAWSUIT FILED Tuesday in federal court in San Francisco against the PlayerAuctions gaming marketplace may provide the answer to an important question for online gamers. Gamers know that the assets ...

Convertible virtual currency is increasingly equated with the notion of real currency. Indeed, the increased acceptance of virtual currency as a payment method among retailers and consumers, the ...

A federal jury awarded nearly $25 million in damages to consumers in Washington State after finding that certain "social casino" games were illegal gambling under state law. The virtual coins used in ...

In an era where children are increasingly connected to technology, the need to protect their online safety has never been more urgent. The internet offers incredible educational opportunities and ...

Connecticut has enacted Public Act 25-66 (the “Act”), a substantial modernization of its Money Transmission Act (“MTA”) that brings digital wallets, virtual currency activity, and youth-oriented money ...

INFORMATION ON OUR WEBSITE. A BILL IS NOW HEADED TO THE STATE SENATE, LOOKING TO REGULATE VIRTUAL CURRENCIES. CURRENTLY, BUSINESSES THAT TRANSFER MONEY USING VIRTUAL CURRENCIES LIKE CRYPTO COINS ARE ...

As more people take up residence in the virtual world through "Massively Multiplayer Online Role-playing Games," the potential for monetary abuse and malfeasance increases. There are already ...

TL;DR: Blizzard introduces Hearthsteel, a new real-money virtual currency in World of Warcraft's Midnight expansion, enabling players to buy exclusive housing decorations. Most housing items remain ...

Going on a quest to gather orbs sounds like a magical journey. Images of old-school Sierra adventure games come to mind. Well, bad news. In this case, it's a virtual currency earned by being a captive ...