As per the announcement, Binance Kore is shutting its operations in South Korea. The decision was made due to declining liquidity and the low trading volume of its BKRW trading pairs. The shutdown will begin by ceasing all new account registrations on Thursday. The trading services will be halt from Jan. 10, 2021, with a hard shutdown on the platform and delisting of all BKRW pairs expected to happen on Jan. 29.