SOURCE: user Ryuu96 on the Republic of Xbox thread, which likewise gives own sources in quote:

"Microsoft might remove region lock from digital Xbox 360 games soon

According to a conversation with an Xbox Support representative, a user by the name of Zom-B on Twitter got some rather interesting information. According to the representative, Microsoft plans to remove the region-lock requirement for Xbox 360 games so they can be bought freely using local currency. This will eliminate the need to always use your Xbox 360 or have your Xbox 360. I've been wanting to make the complete switch to Xbox One but have to keep on going back to maybe buy some Xbox 360 games with my local wallet balance. It's great that Microsoft is addressing this concern. We've reached out to Microsoft for comment and shall update you accordingly. 

Might not have to wait much longer to buy #Xbox360 games on #XboxOne for #BackwardsCompatibility. @XboxMAD pic.twitter.com/OXeZ33W8wl

— Zom-B (@therealzomb) February 14, 2016

Until we get an update, please take this information with a grain of salt. As with any rumor that isn't verified by us, there's always the chance that it might be fake or the conversation might be an elaborate photoshopped image. Hopefully we'll get a response soon and will know accordingly.

http://www.icxm.net/x/microsoft-plans-region-lock-removed-xbox-360-games-compat.html

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Opinions? Would be awesome if true. I've always wanted to play certain JP/US-only games, which I couldn't before thanks to, well, that pesky region-lock thingy.

why not removing the region lock entirely for physical games as well?

I'm guessing that would need some kind of modification on the hardware, which at this point wouldn't be worth for them.

not really

Wait, does the digital VC of the XBone have a region lock? How does that work? Doesn't the console read the game, identify it and downloads a digital copy of it from the digital store? What is there to lock?

Why not?

What's the point? They should've done that years ago.

I've always hated region locking of ANY media so that's great if true.

Technical for Xone not, it is more like netflix like that you need for every product a license.  Like some preview games for Xone don't have a license for a country. So if you live like me in Belgium you will not see Ark survival in the store but you can buy it if you make an US account.  I am only not sure what happen if I play it with my Belgian account and the game needs an update.

Edit: for Xbox 360 it is basically for some games like Gears of war, etc that are locked in Germany.

Ooooh, I see now. Thanks :)