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Upbit and Bithumb Suspend WAVES Deposits and Withdrawals in South Korea

Both exchanges designated Waves (WAVES) an investment warning asset on Nov. 10.

Updated 1 min read
A commuter holds a smartphone outside a Seoul office building in South Korea. / EconoTimes.ai
A commuter holds a smartphone outside a Seoul office building in South Korea. / EconoTimes.ai

Upbit and Bithumb suspended Waves (WAVES) deposits and withdrawals in South Korea on Nov. 10, restricting transfers on both exchanges as they designated the asset an investment warning.

The reported actions applied to WAVES on each platform on the same date.

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