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.