Upbit

Upbit faces FIU sanctions, parent company fights back

The parent company of Upbit, Dunamu, has taken legal action against South Korea’s Financial Intelligence Unit (FIU). On Feb. 27,…

Upbit faces three-month ban on new user transactions

South Korea’s Financial Intelligence Unit has put a partial suspension on Upbit to prevent new customer transactions. The three-month suspension…

FSC considers lifting spot ETF ban in South Korea

South Korea’s main financial regulator is reconsidering the ban on local spot cryptocurrency exchange-traded funds (ETFs) and institutional trading on…

Upbit opts for AWS to enhance data protection

South Korea's largest cryptocurrency exchange, Upbit, recently announced a significant privacy policy change: From Oct. 1, Upbit will store user…