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

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

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

Upbit, one of the largest cryptocurrency exchanges in South Korea, has reportedly received a suspension notice for alleged ...

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

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

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

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

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

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

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