Heybit, a comprehensive digital wealth management service provider, has announced on its official website that all services will cease on October 25th. This move comes amid changing market conditions and regulatory landscapes. Heybit expressed, "We have dedicated efforts to introduce new products that align with domestic virtual asset laws and policies. However, due to these evolving circumstances, we have made the decision to terminate all Heybit Korea services on October 25th. Unclaimed digital assets belonging to customers will be securely transferred and stored, with withdrawals supported until the service termination date." Heybit's decision highlights the ongoing challenges faced by cryptocurrency companies in the current regulatory environment. As regulations continue to evolve, companies must adapt and ensure compliance to operate within the evolving landscape.