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Move-to-earn app StepN to limit service in China

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StepN on Friday said it would stop providing Global Positioning System (GPS) and Internet Protocol (IP) location services to users in mainland China starting mid-July.

See related article: Chinese runners offer substitute running to earn StepN’s GMT for commission

Fast facts

  • StepN said the move was made to abide by Chinese regulations and that it had never engaged in any business on the mainland.
  • China’s new Personal Information Protection Law that came into effect on Nov. 1 requires any cross-border data transfers to be submitted first to the cyber and data protection regulator there.
  • It wasn’t immediately clear how StepN services could be used after July 15 without the tracking of GPS and IP data.
  • StepN did not immediately respond to a request for comment.
  • Jerry H, one of StepN’s founders, said in a Discord channel that less than 5% of its users are from mainland China. 
  • The price of StepN’s token GMT has dropped 38.10% in the last 24 hours to $0.8473, according to CoinMarketCap.

See related article: Terra Luna headlines crypto’s Easter resurrection, STEPN peaks





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