GameStop’s decision to close its NFT marketplace comes after a series of cutbacks in its crypto services over the last two years.
Gaming retailer GameStop has warned its users that it will be phasing out its nonfungible token (NFT) marketplace next month due to regulatory uncertainty.
In a statement on GameStop’s website, it notified users that they have just over two weeks remaining to access its NFT platform. However, the company assured NFT holders that the decision to further scale down its relationship with crypto will not impact their NFTs.
The gaming company cited a lack of regulation as the cause for further diminishing its crypto services.
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Source: https://cointelegraph.com/news/gamestop-ceases-nft-platform-regulatory-uncertainty