According to CoinMeta, digital asset custodian service provider Cobo announced that due to business strategy adjustments, the Cobo Wallet application will be officially closed on December 1st. Users must transfer all their assets by 23:59 on November 30th (UTC +8). Assets that are not transferred by the deadline will incur a 2% monthly account management fee, with a minimum charge of $100 per month. If the account balance is less than $100, the entire balance will be deducted in one go. The first fee will be charged on January 1st, 2027, and the fee will continue to be collected until all assets are transferred or the fee is fully paid. Cobo stated that other services will not be affected by this adjustment and will continue to operate normally.