A subsidiary of an Asian company has added the ability to buy in-game items with bitcoins

​Nexon America's online games can be paid for in cryptocurrency

17.12.2021 - 08:30

267

1 min

What’s new? The Nexon company has added the ability to pay with cryptocurrency in its popular online games such as KartRider, MapleStory, and Mabinogi. The transactions will be made through the BitPay service. Nexon will accept Bitcoin, Ethereum, Dogecoin, Binance USD, Gemini Dollar to purchase in-game items, Nexon said in its press release.

Link to the press release

In which countries has the company introduced this system? The in-game cryptocurrency payments are only accepted in the USA, with no plans to develop the system in other countries yet. Nexon has stated that there are no technical difficulties to develop this project in the company's origin country, South Korea. But for now, the South Korean government has banned all games using cryptocurrency or NFT.

How is Nexon related to cryptocurrency? The gaming company has long been interested in blockchain technologies and cryptocurrency investments. In April, Nexon acquired $100 million worth of bitcoin. And in 2018, NXC, Nexon's holding company, bought the South Korean cryptocurrency exchange Korbit and European exchange Bitstamp.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy