South Korea digital asset investment platform Heybit to shut down all services by Oct. 25

South Korean digital asset investment platform Heybit has announced on its official website that it will be shutting down all services on its local platform by October 25, a decision attributed to changing market conditions and the regulatory environment despite the platform's efforts to remain compliant.Heybit explains that user assets will be stored securely and withdrawals will be facilitated for all clients until the service termination date.