Sen. Warren Seeks Details on Step's Crypto and NFT Plans from Beast Industries

Senator Elizabeth Warren has reached out to Jimmy Donaldson and Beast Industries CEO Jeff Housenbold for information regarding Step's future plans in the cryptocurrency and NFT sectors. According to NS3.AI, Warren highlighted concerns about the demographic of Donaldson's audience, noting that approximately 39% are aged between 13 and 17. Beast Industries acquired Step in February, following Step's previous allowance for under-18 users to engage in buying, selling, holding, and receiving cryptocurrencies and NFTs through Zero Hash in 2022. Warren has requested a response by April 3, seeking clarification on how Beast Industries intends to market Step and ensure the protection of users' funds.