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Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users – Metaverse Bitcoin News ChinaPulse.com China News, Data, Media Intelligence and Insights

May 29, 2022
Source: chinapulse.com chinapulse.com
News Snapshot:
Terence Zimwara 2022-05-29 04:00:03 news.bitcoin.com China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn will not be able to access the app starting on July 15, the developers have said. The blockade on users from this region is set to become effective when Stepn stops providing GPS and IP location services. Despite revealing the plans to stop serving...
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Tags: app | bitcoin | block | blockchain | China | Chinese | crypto | cryptocurrency | currency | data | fintech | game | gaming | GPS | IP | media | media intelligence | Metaverse | news | online game

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