The South Korean Financial Intelligence Unit (FIU) has imposed a three-month ban on new cryptocurrency deposits and withdrawals for Upbit customers. The move aims to prevent money laundering […]
South Korea’s Upbit Suspended for 3 Months: Regulatory Action Highlights Crypto Landscape Shifts
Crypto users in South Korea are facing a significant development as the Financial Intelligence Unit (FIU) of the country’s Financial Services Commission (FSC) has imposed a three-month suspension […]
Upbit Faces 3-Month Business Freeze: Why South Korea’s Crypto Giant is Shut Down
South Korea’s largest cryptocurrency exchange, Upbit, has been penalized with a three-month partial business suspension by the country’s Financial Intelligence Unit (FIU). This action prohibits new customer account […]
Lee Jae-myung to Join STO Policy Forum, Driving Regulatory Clarity in South Korea’s Finance Sector
South Korea’s Democratic Party leader, Lee Jae-myung, will be attending a policy forum on Security Token Offerings (STO) hosted by the party on August 28th. This forum seeks […]
Upbit Suffers Three-Month Suspension as South Korea Enforces Regulatory Measures
South Korean cryptocurrency exchange Upbit has been temporarily restricted from onboarding new clients, facing a three-month ban on customer transactions imposed by the country’s Financial Intelligence Unit (FIU). […]