The Cultural Office of Jiangsu Province has set a request to the Internet culture business units of this province, and these include the online games virtual currency trading services have to carry on the real-name registration, at the same time, the trading services will not be allowed to provide for the minors.
This is the implementation in June this year, the Ministry of Culture and the Ministry of Commerce jointly issued the “Regulations on online game virtual currency to strengthen the management of the notice.”
By the end of June, the Ministry of Culture and the Ministry of Commerce jointly issued a notice about “virtual online games on the management of currency transactions”, it’s pointed out explicitly that a enterprise can not operating the virtual currency and the transaction at the same time, the virtual currency do not purchase the material object, and it will severely crack down on the crime that is use of the virtual currency to engage in illegal gambling. The “virtual online games on the management of currency transactions” also stipulates that, when the online game virtual currency trading service enterprises in the provision of online game virtual currency transactions services, it must stipulate that the sellers need to use an effective ID to carry on their real names registration And requests for its binding agreement with the real-name registration information of the inside bank account.
    It is reported that the Cultural Office of Jiangsu Province has held a meeting about the Internet cultural units on the management of the province, and this stipulation has been implemented, further more, it’s pointed out explicitly, the online game virtual currency trading services have to carry on the real-name registration, and the trading services will not be allowed to provide for the minors.

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