• 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

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

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.