Gabe Newell explains Steam’s choice to ban games with NFT and cryptocurrency revolves around volatility and fraudulent behavior

Back in October last year, Steam banned blockchain-based games that utilized NFT and cryptocurrency, stating that “applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs” will not be allowed on the platform. Now Valve co-founder and president Gabe Newell has explained the company’s stance on the matter.

NFT or ‘Non-Fungible Token,’ which is…

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