learningaboutcrypto.com

learningaboutcrypto.com

February 18, 2025

Upbit’s 700,000 rule violations could cost billions in fines under South Korea’s crackdown

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South Korea’s Financial Services Commission will soon make a decision on sanctions against Upbit, the country’s largest cryptocurrency exchange, following lapses in customer identity verifications. Upbit crypto exchange, which controls more than 70% of the local crypto market, has been…

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