Vol. 126 No. 5
GAMING MONEY
The over $250 billion video game industry, the largest entertainment industry in the world, has rapidly developed unregulated monetary systems. Gaming companies issue what this Article terms “gaming money”—points earned in play, gift cards, and platform-stored balances—and increasingly enable conversion of these instruments into bank deposits at scale. Although they adopt many of the features of “money,” they evade existing regulatory[...]