Tag: Upbit

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Dunamu Files Lawsuit Against FIU Over Upbit Sanctions

Story Highlights Dunamu sues FIU over sanctions imposed on Upbit, seeking to overturn disciplinary measures. FIU penalized Dunamu, suspending business for three months and...

Upbit Under Fire Amid FIU Disciplinary Hearing

On January 21, South Korea's FIU will review Upbit's KYC violations. South Korea increases crypto rules, focusing on KYC and client safety. South Korea's...

South Korea Launches Probe into Upbit Monopoly in Crypto Market

The South Korean Financial Services Commission (FSC) has announced an investigation into the market monopoly structure surrounding Upbit. It is the largest cryptocurrency exchange...

South Korea Is Looking to “Institutionalize” Digital Currency

South Korea is pushing legislation that would bring cryptocurrency and blockchain technology into more mainstream territory. South Korea Is Looking to Change At one time, it...

Amazon Web Services (AWS) Outage Disrupts Crypto Exchange Services

Technical snags on the servers of the world’s leading cloud service provider forced two major South Korean cryptocurrency exchanges to go offline. AWS Services Impacted Thursday...

Cryptocurrency Exchanges Need to Screen New Coin Listings, Upbit CEO Warns

These are exciting and troubling times for the cryptocurrency industry. Hundreds of new assets are introduced to the market every single month. This makes...