Will GTA 6 Incorporate an In-Game Cryptocurrency? Lawyer Shares Insights
The highly anticipated Grand Theft Auto (GTA) VI is coming – but will it come with an in-game cryptocurrency? A lawyer has suggested that perhaps not. Yet.
The fifth installment of GTA was launched in September 2013. Rockstar Games, GTA’s developer, said just days ago that it will finally release the reveal trailer for the next installment this December.
We are very excited to let you know that in early December, we will release the first trailer for the next Grand Theft Auto. We look forward to many more years of sharing these experiences with all of you.
Thank you,
Sam Houser
— Rockstar Games (@RockstarGames) November 8, 2023
Florida-based digital assets attorney John Montague suggested that regulatory uncertainty in the US will likely prevent any company from utilizing crypto.
Montague told CoinDesk that there is still a lot of “regulatory ambiguity that is preventing game developers from entering into the space, which I think is a very sensible approach until regulatory clarity is achieved.”
He further argued that Rockstar Games will think carefully before bringing in any crypto within its ecosystem.
Montague said that,
“My preliminary view aligns with the notion that there’s a legal grey area, substantial enough for a powerhouse like Rockstar Games to hesitate before integrating any sort of virtual currency within their games or issuing one of their own.”
This is especially relevant as the game developer is doing a substantial amount of business in the US. That country’s Securities and Exchange Commission (SEC) is notoriously anti-crypto at this point. It has come after a number of major companies for offering crypto services, claiming violations of securities laws.
Montague said that Rockstar Games’ “hesitation, I believe,
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