Tension is mounting in the virtual asset industry as it braces for a series of inspections and sanctions by financial ...

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

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

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

Upbit faces regulatory heat in South Korea over compliance failures and possible penalties under evolving crypto laws.

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 top regulatory body is working on issuing a suspension order to the country's largest crypto exchange Upbit.

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

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 ordered a suspension of operations for Upbit, the country’s largest crypto exchange.