Korea bans the sale of online currency

[Razza13]

As of the start of the second half of this year Korea will be banning the sale of online currency.

Korea prohibits trade of online game items

"Those who violate this law will face up to a 50 million won fine, at a maximum, and five years in jail." That's $42852.26 USD and 5 years in jail if you're caught selling gold.
I think we're effectively going to see the end of Korean gold sellers, I wonder how this will effect the price of gold and the amount of botters?

*Originally I saw the information on mmo-champion. I did a search about this to see if it was already posted on here and it came up empty, my apologies if it's a repost*

[tonymalbert]

I don't know what is going to happen to the online currency traders or gold sellers after this decision, but one things is for sure, this will definitely effect Korea's economy.

[Lass3-]

Thats just insane. How can they do such a thing, thats pathetic...