GameStop plans to end its support for its cryptocurrency wallets “due to the regulatory uncertainty of the crypto space.” The retailer said it will remove its wallets, which operated through iOS and Chrome browser extensions, from the market on Nov. 1.
The retailer’s decision comes about a year after announcing plans to launch its digital asset wallet, which allowed users to send, store, receive and use cryptocurrency and non-fungible tokens.
GameStop advised in a brief note at the top of its crypto wallet website that all customers should verify they have access to their Secret Passphrase by Oct. 1, which will allow them to recover their account in a compatible crypto wallet.
Source: Retail Dive
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 