China announced new laws to limit microtransactions, affecting major corporations like Tencent.
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China Implements Strict New Gaming Laws
https://gamerant.com/china-gaming-laws-microtransactions/
China unveils new laws intended to limit certain practices by gaming companies, leading to some big changes in the nation's gaming market.
These laws will ban rewards for spending money within a game for the first time, ban rewards for buying consecutive microtransactions, and ban rewards for daily log-ins.