GameStop to Drop Crypto Wallets, Cites ‘Regulatory Uncertainty’

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GameStop to Drop Crypto Wallets, Cites ‘Regulatory Uncertainty’
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The removal of these wallets is a sign that GameStop is backing away from its crypto strategy, which was part of a broader push into digital services undertaken by Chairman Ryan Cohen

The company will remove its iOS and Chrome Extension wallets from the market on Nov. 1, according to its website. The wallets have let users manage their crypto and nonfungible tokens — such as digital pictures of apes and penguins — and use decentralized apps on Ethereum.

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