Upbit Introduces Daily Limit on Deposits as ‘Self-Regulation Begins’

South Korean media outlets have suggested the nation’s crypto exchanges are beginning to “self-regulate” as pressure mounts from the government – with the Upbit trading platform capping crypto deposits to a daily maximum of just under USD 450,000.Per Donga Ilbo, one of the country’s biggest newspapers, the new daily deposits cap is a “sign that the industry may be