Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations.

South Korea's Upbit faces possible sanctions over AML and KYC failures, impacting its operations and license renewal process.

South Korean authorities may suspend Upbit for up to six months over alleged KYC and anti-money laundering violations.

South Korea's Financial Intelligence Unit will hold a disciplinary hearing to investigate Upbit's KYC breaches.

South Korea's FIU issued a notice to Upbit for KYC and AML violations, with potential sanctions, including a six-month ...

South Korean has warned Upbit over its alleged KYC violations, ordering the crypto exchange to halt its business.

South Korea's FIU has scheduled a review next week to assess Upbit over allegations of 500,000 cases of KYC violations.

Interest in Bithumb has grown in light of the bad news for Upbit, leading to related stocks being viewed as beneficiaries. At ...

South Korea’s Financial Intelligence Unit (FIU) has ordered a suspension of operations for Upbit, the country’s largest crypto exchange.

Upbit has warned investors about IOST’s shift to a layer-2 blockchain, signaling changes to tokenomics and potential market ...

Bitcoin's (BTC) price edges slightly lower and trades around $99,200 on Thursday after rallying 4% following the previous day ...

South Korea suspends Upbit for 700,000 KYC violations, highlighting regulatory crackdowns. New crypto AML measures arrive in 2025.