Upbit will stop deposits and withdrawals of digital assets exceeding 1 million won

Upbit has announced that it has suspended deposits and withdrawals of 1 million Korean won or more due to the virtual asset service provider (VASP) Travelool solution service being discontinued. Deposits and withdrawals of digital assets below 1 million Korean won can still be used as usual, and the platform will notify users if there are any changes to this policy.