China

Popular NFT Game Stepn Cuts Off China Users – CryptoSlate

 

Stepn, a popular online game that uses non-fungible tokens (NFTs) has been forced to block users based in mainland China to comply with regulatory policies, CryptoSlate reported.

Described as a “move to earn” game, Stepn lets users buy and trade NFTs and in-game cryptocurrency by walking or running in the real world. Players can then convert their in-game earnings to other crypto or cash. Hong Kong players are unaffected as yet.

Read the full report: CryptoSlate

 

READ MORE:

Singapore Court Freezes ‘Bored Ape’ NFT – The Times

Crypto Thieves Lurk on Social Media to Steal NFTs – ST

China Bans Unregulated Streaming of Video Games

 

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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