Dunamu Under Regulatory Pressure, Announces Compliance Overhaul

In May 2025, South Korean cryptocurrency exchange Upbit faced regulatory sanctions from financial authorities in the country, halting its ability to onboard new users. This action highlights the growing scrutiny surrounding the nation’s crypto sector and impacts both market strategies and financial stability amidst ongoing legal challenges. The sanctions imposed by regulators resulted in a halt of customer onboarding for Upbit, prompting Dunamu, the parent company, to prioritize compliance improvements. 2025 saw this move as it became clear that compliance failures are causing disruption in the South Korean crypto scene.