From The Web: MMO With Real-World Banking License

The next time you play Entropia Universe, you might get an physical ATM card to go along with your online gaming experience. According to the BBC, the game developers, Mindark, were given a license to be a bank by the Swedish Financial Supervisory Authority, and they plan to launch a fully-functioning in-game bank within 12 months.

Housing loan or credit card applications anyone? Seriously though, the plan is to make it easier to convert real cash into in-game Project Entropia Dollars (PED) used to buy in-game items. The bank will also offer players interest-bearing accounts, allowing players to bank in their real-world salaries, pay bills or even take up a loan.

Deposits are also insured to the tune of USD 60,000 per account! Phew. That’s like my bank! In any case, read all about it right here: https://news.bbc.co.uk/2/hi/technology/7954629.stm

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