GameStop to Drop Crypto Wallets, Cites ‘Regulatory Uncertainty’
- It launched an NFT marketplace a year ago to rev up growth
- Chairman Ryan Cohen has been trying to expand digital services
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GameStop Corp. said it’s ending its support for its cryptocurrency wallets, citing “regulatory uncertainty.”
The company will remove its iOS and Chrome Extension wallets from the market on Nov. 1, according to its website. The wallets have let users manage their crypto and nonfungible tokens — such as digital pictures of apes and penguins — and use decentralized apps on Ethereum.