KakaoPay will stop crypto asset services from February 16

KakaoPay will stop providing cryptocurrency asset services from February 16th. Since December 2022, KakaoPay has been providing cryptocurrency asset services in collaboration with four Korean companies. KakaoPay is a mobile payment and electronic wallet service launched by Korean company Kakao. It allows users to make online payments, transfers, bill payments, and other transactions through smartphone applications.

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