Bitcoin News: Crypto Exchange Upbit Faces South Korean Probe Over 600,000 KYC Violations

Link: https://bitcoinist.com/crypto-exchange-upbit-faces-south-korean-probe-over-600000-kyc-violations/

Summary: Upbit, the leading crypto exchange in South Korea, is being investigated by the country’s financial authorities over an alleged violation of Know-Your-Client (KYC) procedures. The probe comes amid the exchange’s license renewal process and a potential investigation for “anti-monopoly breaches.” Related Reading: Is The SEC Prepared For Trump’s Crypto Promises? Commissioner Peirce Weighs In Crypto […]

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