GameStop shares surge after pivot away from NFTs

GameStop Exits NFT Market Amid Uncertainty and Regulatory Concerns

GameStop, the popular video game retailer, has made the decision to depart from the non-fungible token (NFT) market. This move comes as a result of mounting uncertainty and potential regulatory issues within the crypto space. The announcement was made on GameStop’s NFT website, stating that customers will no longer be able to buy, sell, or create NFTs starting from February 2. It should be noted that existing NFTs will still be usable through other platforms.