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South Korea’s Largest Exchange Upbit Under Sanctions Review by Watchdog

source-logo  coingape.com 15 January 2025 07:52, UTC
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Upbit, South Korea’s largest crypto exchange, is facing increased scrutiny over alleged Know-Your-Customer (KYC) violations. The Financial Intelligence Unit (FIU) of South Korea has scheduled a disciplinary hearing on January 21 to evaluate the exchange’s regulatory compliance. As as result, the crypto market could see significant low activity amid the review

coingape.com