Last month, China’s top courts published a judicial review on cryptocurrencies, online game coins and tips given to live-streamers. Such transactions, including transfers and conversions, are now included in money laundering activities. Chinese officials pointed to criminal usage of virtual currencies and game coins to evade China’s capital controls and to enable cross-border transactions.AdvertisementThis increasing effort to curb illicit financial activities conducted via digital assets highlights the Chinese government’s staunch approach to cracking down on cryptocurrency. However, one unintended consequence of this action could be the impact on China’s vibrant video game industry, which brought in 303 billion yuan (US$42.7...