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RUMOR: Microsoft Discontinuing Microsoft Points?

Rumor has it that the virtual currency system will be abandoned by year's end.

According to a source within the company, Microsoft's virtual currency system, Microsoft Points, will be phased out by the end of 2012. This will be implemented for Windows Phone, the Zune Marketplace and, of course, Xbox Live. At the end of 2012, all transactions will be based on each region's respective currency.

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