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International Business Times UK
International Business Times UK
World
Terence Repelente

Japan Eyes Regulating Pokémon Cards as $2.1B Market Fuels Counterfeiting and Money-Laundering Fears

Japan, the origin country of Pokemon, is starting to weigh regulating the trading card market, as values rising into the millions of dollars (Credit: Screenshot from The Official Pokémon YouTube channel)

Japan is moving closer to regulating high-value Pokémon cards and other trading cards as a childhood hobby becomes a multibillion-dollar market shadowed by counterfeiting, scalping and money-laundering concerns.

A group within Japan's ruling Liberal Democratic Party has begun examining whether the booming trading card market needs clearer rules, according to reports. The move comes as Pokémon, Yu-Gi-Oh! and other collectable cards increasingly behave less like toys and more like financial assets.

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