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.

Upbit is South Korea’s largest crypto exchange and the sixth-largest by trading volumes globally. Investigators have ...

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

South Korea’s Financial Intelligence Unit (FIU) has issued a suspension notice to Upbit. The government accused the nation’s ...

South Korean authorities may suspend Upbit for up to six months over alleged KYC and anti-money laundering 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 top crypto exchange UpBit was hit with a business suspension over alleged violations of anti-money laundering ...

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

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

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

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