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.

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

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

South Korea's top crypto exchange UpBit was hit with a business suspension over alleged violations of anti-money laundering ...

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

Crypto exchange Upbit may face possible sanctions in South Korea for not complying with the country's money laundering and know your customer (KYC) obligations, according to a report from local ...