Cobo to shut down Cobo Wallet app on December 1
Cobo said its consumer wallet app will close on December 1, 2026, and set November 30 as the withdrawal deadline before the shutdown. After that date, remaining accounts face monthly management fees that start at $100, with a 2% rate also described in the notice.
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Users of Cobo Wallet are the main group affected tomorrow morning, because the app has a set shutdown date and a withdrawal deadline already in place. Anyone who leaves assets in the app after the deadline faces the monthly fee terms described in the notice.
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