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China continues to strike the online world with its policies in the homeland. It banned access to various Web services like Google, Facebook, Twitter, etc and now it makes a move towards virtual currency as it bans people from using it to buy real goods. Virtual Currency has become quite essential in the Web-sphere from buying gifts on social networks to purchasing gaming cards and its pretty popular. However analysts in China have supported the ban stating that the growing use of virtual currency may very well have a negative impact on the ever strengthening economy of the country.

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