Upbit suspends over 1 million won transfers with Borabit
2024-09-23 10:08:52
South Korean cryptocurrency exchange Upbit announced today that it will suspend digital asset transfers over 1 million won (approx. 5,600 RMB) with virtual asset service provider (VASP) Borabit from 14:00 (Korea Standard Time) on September 25, 2024. The decision is based on the results of Upbit's regular threat and risk assessment of VASPs that support large digital asset transfers.
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