Contrary to local media reports, Uzbekistan authorities have not banned the Hamster Kombat clicker game on Telegram but cautioned about potential risks associated with withdrawing its tokens in the future.
Uzbekistan’s National Agency for Perspective Projects (NAPP), a major regulator overseeing e-commerce and the cryptocurrency industry, clarified the legal status of the Hamster Kombat game in an announcement on June 25.
Hamster Kombat Coins Not Cryptocurrencies Yet
The NAPP emphasized that Hamster Kombat differs from typical play-to-earn games because its in-game coins lack collateral or real-world utility.
In play-to-earn games like Axie Infinity, players earn assets with real monetary value, such as cryptocurrencies or non-fungible tokens (NFTs), which can be traded on various platforms.
According to the NAPP, Uzbekistan residents are allowed to play Hamster Kombat and accumulate in-game tokens since they are not considered actual cryptocurrencies and are not blockchain-based. Therefore, Hamster Kombat tokens fall outside the NAPP’s regulatory scope.
The authority added, “However, there is a possibility that Hamster Kombat coins may transition to the blockchain in the future, potentially becoming a crypto asset.”
Selling Hamster Kombat Tokens May Pose Issues
Although playing and collecting tokens in the Hamster Kombat game is permissible in Uzbekistan, selling these in-game tokens could present challenges due to local regulations.
Summary Review: The clarification from Uzbekistan’s National Agency for Perspective Projects (NAPP) dispels rumors of a ban on the Hamster Kombat game, affirming that residents are free to participate and collect in-game tokens. However, the distinction remains crucial: while Hamster Kombat tokens currently lack the attributes of cryptocurrencies, potential future developments could see them evolve into crypto assets. As regulatory landscapes evolve, players and stakeholders should stay informed to navigate any emerging guidelines regarding these digital assets effectively.
Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.
