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Regulatory issues force GameStop to close NFT marketplace


Due to regulatory uncertainties, GameStop has announced that it will be terminating its non-fungible token (NFT) marketplace next month. This decision is a continuation of the gaming retailer’s previous cutbacks in its crypto services over the past two years. In a notice posted on the company’s website, the company informed its users about the imminent phase-out, assuring them that their NFT holdings will not be affected. The gaming retailer stated that the lack of regulation on cryptocurrencies is the reason for further reducing its crypto services.



Source by NewsOnGrafa

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