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KakaoPay will stop crypto asset services from February 16

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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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