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Axie Infinity Under Scrutiny From Philippine National Police


Axie Infinity Under Scrutiny From Philippine National Police

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  • Philippine’s law enforcement agencies have taken note of Axie Infinity’s play-to-earn scheme.
  • The Philippine National Police believes that such games can be riskier than directly investing in crypto.
  • The agency warned its citizens and recommended they use legitimate exchanges to interact with crypto.

The Philippine National Police has taken note of Axie Infinity’s play-to-earn scheme and the outrage it has caused among the country’s citizens. The agency’s Anti-Cybercrime Group recently released a report after consulting various cybersecurity groups regarding play-to-earn games and their impact on the country’s gaming community and the broader public.

According to the National Police Commission’s report, play-to-earn games like Axie Infinity can be riskier than directly investing in cryptocurrencies. The agency’s report was prompted by mounting complaints from Filipino players, who accused the game of being predatory and costing them thousands of dollars worth of crypto assets.

The Anti-Cybercrime Group’s report noted that Axie Infinity’s expensive gaming model required players to pay up to $300 before getting a chance to play the game. …

The post Axie Infinity Under Scrutiny From Philippine National Police appeared first on Coin Edition.

Read the article at CoinEdition

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