microsoft points Microsoft Phasing Out MS Points?

As spotted on Gamasutra, there are rumors that Microsoft has plans to phase out the MS Points system by the end of the year.

Inside Mobile Apps reports that some mobile developers have allegedly been told to plan their future game updates based on the impending change. In addition, the report states that all existing Microsoft Points will be converted to match their region’s local currency.

Microsoft has officially refused to confirm or deny the rumors.