South Korea probes Upbit for 600K KYC violations



Crypto Law



15 November 2024



Cointelegraph by Helen Partz



Original blog post

Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal.

This is a syndicated article. To read the full article, click here.

← Previous: SEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEO Next: EU regulator sets restrictive measure guidelines for crypto providers →

Russia seizes $10M in Bitcoin from ex-official in bribery case

10 Jan, 2025

The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue.

Philippine banks collaborate to launch PHPX stablecoin on Hedera

10 Jan, 2025

Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.

Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears

10 Jan, 2025

New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC commissioner to take the agency’s helm.

Open chat

Hello 👋, How can we help you?

📱 When you've pressed the BlockFo button, we automatically transfer to WhatsApp 🔝🔐

🖥️ Or, if you use a PC or Mac, then we'll open a new window to load your desktop app.

South Korea probes Upbit for 600K KYC violations

Crypto Law

15 November 2024

Cointelegraph by Helen Partz

Original blog post

This is a syndicated article. To read the full article, click here.

You might also like

Russia seizes $10M in Bitcoin from ex-official in bribery case

Philippine banks collaborate to launch PHPX stablecoin on Hedera

Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears

Ready to get started?