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The Cabinet has approved a bill to ban online money games involving fees or stakes, proposing penalties including jail time and fines for offenders, even banks facilitating transactions. Simultaneously, the bill aims to promote e-sports and social games withoCabinet okays bill that seeks to ban ‘online money game'
The Cabinet has approved a bill to ban online money games involving fees or stakes, proposing penalties including jail time and fines for offenders, even banks facilitating transactions. Simultaneously, the bill aims to promote e-sports and social games without monetary exchange, establishing a regulatory body. The legislation addresses concerns about national security, addiction, and financial risks associated with unregulated platforms. Read more