This week the collectibles and candy company Topps communicated with its customers regarding its non-fungible token (NFT) initiatives. The company acknowledged encountering challenges with a payment service provider in January 2023, leading to a transition to a new provider, Fortress, in September. Nevertheless, regulatory constraints have resulted in the unavailability of custodial wallets for collectors in New York and Texas.
Topps Partners With Fortress, Faces State Regulatory Hurdles in NFT Journey
Topps has acknowledged that the past year presented numerous obstacles for the Web3 community, stating that its own NFT program was “not excluded” from these difficulties. Back in January 2023, Bitcoin.com News covered the story of Wyre altering its withdrawal procedure, a development that occurred several months before the payment company announced shutting down operations in June. As partners, Wyre’s complications had a direct impact on Topps, compelling the firm to temporarily h
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