• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Updates to NILE Services in South Korea

user avatar

by Giorgi Kostiuk

2 years ago


To ensure smooth and consistent service delivery, NILE regularly evaluates and adheres to the regulations and guidelines of the regions and countries where it operates. The upcoming modifications will impact NILE services available in South Korea as part of this ongoing process.

Key Changes: - Blocking access for South Korean IPs from the Marketplace Trading menu - Blocking access for South Korean IPs from NFTFi - Discontinuation of Korean language support in NILE services

Implementation Date: August 2nd, 2024 at 15:00 (GMT+8)

Important Notes: - Despite the restriction on the Marketplace Trading menu, users can still obtain Covenants from NEITH Station. - Users have until one month after the Covenant Date on February 22nd, 2025, to claim Covenants from the final NEITH NFT collection, City of NEPHTHYS. - Following the update, users' digital assets will remain securely stored in their Wallets, with no company access or ability to dispose of these assets. - From August 2nd, 2024, only ongoing Lend & Borrow transactions will be supported until expiration. Affected users can utilize NFTFi via My Page. - The release of the 'Myth of Heliopolis' Binder Collection, previously announced in March, has been postponed to comply with regulatory requirements.

Kindly take note of these adjustments, and additional updates will be communicated as needed. Thank you.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coinbase CEO Addresses Quantum Computing Concerns

chest

Brian Armstrong, the CEO of Coinbase, reassures that quantum computing will not break blockchain technology, emphasizing ongoing preparations and proactive measures.

user avatarFilippo Romano

EU Considers Broader Sanctions on Crypto Transactions Linked to Russia

chest

The European Union is exploring strict sanctions on all crypto transactions related to Russia to limit sanctions evasion.

user avatarMaya Lundqvist

Russia to Restrict Access to Foreign Crypto Exchanges

chest

Russia is preparing to block access to foreign crypto exchanges by summer 2026 as part of a new regulatory framework.

user avatarTomas Novak

Institutional Investors Show Caution as Bitcoin ETF Flows Turn Negative

chest

Institutional positioning in Bitcoin ETFs is shifting, with notable net outflows and reduced exposure from major investors.

user avatarKaterina Papadopoulou

Ripple CEO Predicts Quick Passage of CLARITY Act

chest

Ripple CEO Brad Garlinghouse predicts that the CLARITY Act could pass quickly once disputes over stablecoin rewards are resolved.

user avatarLeo van der Veen

Senator Moreno Optimistic About Crypto Market Structure Bill

chest

Senator Bernie Moreno expresses optimism about the passage of the CLARITY Act, aiming for it to be signed into law by President Trump by April, despite concerns and potential political challenges.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.