Upbit will suspend deposits and withdrawals of crypto assets exceeding 1 million Korean won
Upbit announced that it will suspend the deposit and withdrawal of digital assets exceeding 1 million Korean won (approximately $721) due to the suspension and termination of Ten&Ten's travel rule solution services. It is reported that Ten&Ten is one of Upbit's deposit and withdrawal service providers. It is reported that Ten&Ten's exchange service stopped trading support on April 15th, and the deadline for withdrawing encrypted assets is 9:00 on April 22nd.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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