Bybit offshore crypto exchange suspends services in South Korea

Bybit, the derivatives exchange headquartered in Singapore and registered in the BVI has removed Korean-language support and interface. Following the decision by Korean authorities to impose licencing for foreign entities that offer Won trading pairs and Korean-language support, it follows the step of Binance who already removed its Won trading pairs and Korean language support. Korean traders will still be allowed to use the exchange, just not in their language.

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