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South Korean Gaming Watchdog Won’t Budge on Tough Anti-NFT Stance

South Korea’s gaming regulator has reiterated its stance that games that feature tradeable non-fungible tokens (NFTs) cannot be distributed in the nation. As previously reported, in 2019, the Game Rating and Administrati...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

South Korean Gaming Watchdog Won’t Budge on Tough Anti-NFT Stance
South Korea’s gaming regulator has reiterated its stance that games that feature tradeable non-fungible tokens (NFTs) cannot be distributed in the nation.
As previously reported, in 2019, the Game Rating and Administration Committee (GRAC) refused to issue a rating to Infinity Star, a game developed by the domestic firm NodeBrick – citing NFTs as its main reasoning....
Read More: South Korean Gaming Watchdog Won’t Budge on Tough Anti-NFT Stance

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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