OKEx to Close Its Doors in South Korea Amid New Crypto Law
CoinEdition
Published Mar 23, 2021 07:18AM ET
Updated Mar 23, 2021 07:30AM ET
OKEx to Close Its Doors in South Korea Amid New Crypto Law
- South Korea-based exchange, OKEx, has announced its closure next month.
- More so, OKEx currently has a trading 24-hour trading volume of almost $1.5 million.
South Korea-based exchange, OKEx, has announced that it will permanently close its doors in the country by next month. The government will pass a new crypto law on March 25. Thus, OKEx made their decision based on it. Indeed, the South Korean crypto community did not expect the announcement.
Furthermore, the exchange notified its users that it will still operate until April 7, 6:00 PM local time. In other words, the exchange can still accept deposits and withdrawals on or before the given time frame. However, no further extension for those who will fail to comply with the given time frame. Above all, the exchange is going.....This article first published on coinquora.com
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Written By: CoinEdition
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