South Korea's top cryptocurrency exchange, Upbit, is facing a regulatory storm. Accused of breaching Know Your Customer (KYC) obligations, the platform faces a suspension that could bar it from registering new users for six months. According to local

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 news site Maeil.Upbit which is one of South Korea's larg

South Korea’s financial regulator has imposed a penalty on Upbit crypto exchange to suspend business operations for alleged anti-money laundering violations, especially in meeting know-your-customer obligations, local news outlet Maeil Business Newsp

Upbit, which dominates South Korea's crypto trading market, faces potential business suspension and fines due to violations of anti-money laundering (AML) regulations, particularly regarding its Know Your Customer (KYC) practices, Maeil Business News

Upbit, one of the largest cryptocurrency exchanges in South Korea, has reportedly received a suspension notice for alleged Know Your Customer (KYC) violations.The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission (FSC)

Crypto exchange Bybit said it will temporarily suspend its services for its users in India in response to regulation in the country.The Dubai based company intends to prevent its customers in India from being able to open new trades or access product

South Korea’s Financial Intelligence Unit (FIU), part of the Financial Services Commission (FSC), uncovered a staggering 500,000 to 600,000 suspected violations of Know Your Customer (KYC) requirements at Upbit, the country’s largest cryptocurrency e

The post South Korea’s FIU Investigates Upbit Over 600,000 KYC Violations Amid License Renewal appeared first on Coinpedia Fintech News South Korea’s Financial Intelligence Unit (FIU) is reportedly investigating Upbit, one of the country’s leading cr

The crypto scene in Asia continues to evolve significantly, with key developments reshaping the market in Singapore, India, and Japan. As regulatory frameworks strengthen across the region, exchanges like OKX are seizing new opportunities. At the sam

India’s Financial Intelligence Unit (FIU-India) is reportedly set to approve two more offshore crypto exchanges to resume operations in the country by the end of the 2025 fiscal year, following a thorough review of their compliance with anti-money la

India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on ensuring compliance with anti-money la

Key takeaways Crypto exchange Binance has completed its registration with India’s Financial Intelligence Unit. Poodlana’s presale has surpassed $7.7 million as presale approaches its end. Binance now

Binance, one of the world’s largest crypto exchanges, has officially re-entered the Indian market. The announcement follows Binance’s successful registration with India’s Financial Intelligence Unit (