Microsoft Points are out on Xbox One
All items on Xbox One will be priced in local currency, Microsoft's Marc Whitten announced at its E3 press conference. This move eliminates Microsoft Points, the economic system Microsoft uses on the Xbox 360.

The Xbox One will also allow users to share Gold features among people in your house. Whitten didn't specify if this includes all Gold perks or a select few, but he did reiterate that Gold memberships will carry over from Xbox 360 to Xbox One.

This article was originally published on Joystiq.