The American gaming merchandise retailer – GameStop – announced it will remove its cryptocurrency wallets from the market as of November 1, 2023.
The entity launched those features in the spring of last year, enabling users to manage digital assets and non-fungible tokens (NFTs).
The End of the Offering
GameStop disclosed on its official website that it will remove its iOS and Chrome Extension wallets as of the beginning of November due to “the regulatory uncertainty of the crypto space.”
It warned that all clients must have access to their secret passphrase by October 1 to be able to “recover their account in any compatible wallet.”
GameStop rolled out its self-custodial wallet in May last year, giving customers a chance to send, receive, store, and use crypto assets and NFTs across decentralized applications without leaving their web browsers. The firm doubled down on the field a few months later when it introduced an NFT marketplace built on the Ethereum layer 2
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