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Smaller South Korean Crypto Exchanges Begin to Shutdown, Suspend Services

Amy Liu

Summary: Per Joongang Ilbo, a number of smaller South Korean crypto exchanges have announced their imminent closure. The latest exchanges to announce they will be closing their doors in the coming weeks are Darlbit, CPAX and Daybit. CPAX confirmed the news on its website, writing that a coming “suspension of the withdrawal services” on September 1 ...

Per Joongang Ilbo, a number of smaller South Korean crypto exchanges have announced their imminent closure. The latest exchanges to announce they will be closing their doors in the coming weeks are Darlbit, CPAX and Daybit.

CPAX confirmed the news on its website, writing that a coming “suspension of the withdrawal services” on September 1 was “not a temporary suspension,” but was being carried out “in accordance with the termination of our exchange services.”

By Amy Liu

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