Upbit License Renewal Investigation
This is a South Korea’s news story, published by CoinGape, that relates primarily to Upbit news.
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extensive KYC violationsCoinGape
•South Korea Exchange Upbit Faces Probe Over KYC Violations, Here's All
69% Informative
Upbit under scrutiny for extensive KYC violations amid South Korea’s regulatory review.
Over 500,000 cases of questionable identification found, raising compliance concerns.
Authorities are closely examining the full extent of the issue and its potential impact on the exchange future.
Upbit 's ability to renew its license is now in jeopardy.
The ongoing investigation highlights the risks associated with unchecked growth in the crypto sector.
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English
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65
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