Recognizing the impact of the artial law outages on their users, Upbit and Bithumb have now committed to compensating those ...

South Korea's FIU issued a notice to Upbit for KYC and AML violations, with potential sanctions, including a six-month suspension and fines of up to 35.8B won.

South Korean cryptocurrency exchanges Upbit and Bithumb will compensate investors following service downtime caused by an unexpected declaration of nationwide martial law on Dec. 3, 2024.

South Korea’s largest crypto exchange, Upbit, could face up to a six-month suspension over KYC and AML violations, signaling ...

Crypto exchange Upbit may face possible sanctions in South Korea for not complying with the country's money laundering and know your customer (KYC) obligations, according to a report from local ...

South Korea’s Financial Intelligence Unit (FIU) has ordered a suspension of operations for Upbit, the country’s largest crypto exchange, due to alleged violations of Anti-Money Laundering (AML ...