Upbit to suspend deposits, withdrawals for Jan. 1 maintenance

South Korean crypto exchange Upbit has announced it will temporarily suspend digital asset and Korean won (KRW) deposits and withdrawals for a regular audit of its assets and deposits. The suspension for digital assets will run from 11:00 a.m. UTC on Dec. 31 to 11:00 p.m. UTC the same day. KRW transactions will be restricted from 5:00 p.m. to 11:00 p.m. UTC on Dec. 31.