avatar

GameStop to Move Away from Crypto Wallets due to 'Regulatory Uncertainty'

GameStop to Move Away from Crypto Wallets due to 'Regulatory Uncertainty'

Game retailer GameStop announced it will stop the support for its crypto wallets because of the regulatory uncertainty in the US.

The website of GameStop shows, "due to the regulatory uncertainty of the crypto space, GameStop has decided to remove its iOS and Chrome Extension wallets from the market on November 1, 2023." Users still have access to the wallets until October 1.

GameStop launched its own non-custodial crypto wallet in May 2023. However, in a round of layoffs in December, the wallet team was severely impacted.

Related: GameStop Rolls Out MetaMask-like Ethereum Wallet to Support NFT Marketplace

Sources: GameStop Has Started a Round of Layoffs, Blockchain Wallet Team Seriously Impacted

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Game

Wallet

Related News
Phantom Wallet raises $150 million at $3 billion valuation Phantom Wallet raises $150 million at $3 billion valuation
Crypto wallet Phantom confirms it won’t launch a token amid airdrop rumors Crypto wallet Phantom confirms it won’t launch a token amid airdrop rumors
South Korean metaverse project Another World merging with Lamina1 after token deal South Korean metaverse project Another World merging with Lamina1 after token deal
Decentralized gaming project Treasure launches mainnet after DAO approved ZKsync migration Decentralized gaming project Treasure launches mainnet after DAO approved ZKsync migration
BingX launches ‘ShieldX’ wallet firewall months after $52M hack BingX launches ‘ShieldX’ wallet firewall months after $52M hack
Latest News More More
3 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
3 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
4 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
4 Days Ago Binance Records $3.97B Weekly Inflows
4 Days Ago MEXC Partners With Hacken to Increase Security Standards

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open