South Korea Tightens Noose against P2E games by involving Apple and Google.
In a recent move by the regulatory authorities in South Korea, Apple and Google are asked to remove play-to-earn games from their respective stores. South Korea’s Game Management Committee (GMC) states that the P2E games breach its local rules about how much money a player can earn from a game in one go.
The step to ask Google and Apple to remove P2E games comes in light of South Korea’s Supreme Court decision. The country is implementing new laws related to crypto and P2E games which lead GMC to ask leading app store companies to delist games.
Moreover, it has also asked Apple and Google not to provide age restrictions to such games which will ultimately stop the release of the games. Under South Korean laws, game developers are required to obtain age classification to launch a game in the country.
A GMC official released a statement in this regard, “It is reasonable to keep P2E games from getting age ratings under the current law,” reports Coin Telegraph, “because cash rewards in games can be considered prizes.
South Korean law only allows a player to make $8.42 from a game at one single time. However, there are cases where the government’s age rating move hasn’t turned out as successful.
Recently, “Fivestars for Klatyn” game succeeded in getting approval when its developer won an injunction against the order. To counter this loophole, GMC has asked Apple, and Google to block such games that require in-app purchases before a player could even start to play them.
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