Upbit Financial News

17.04 / 17:51

Upbit Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest

Upbit, one of South Korea’s largest cryptocurrency exchanges, has temporarily suspended deposits and withdrawals exceeding 1 million Korean won ($721).

01.08 / 09:09

Upbit Bithumb Top South Korean Crypto Exchanges to Pay 300M Won Supervisory Fee

South Korea is preparing to impose a supervisory fee for crypto operators in the country, based on their operating revenue.

25.04 / 16:43

markets FIVE coinbase Mobile Upbit Trade Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share

Upbit, a Seoul-based exchange located in the upscale Gangnam district, has captured the majority of the Korean crypto market.

08.01 / 05:48

Upbit Crypto regulations Upbit Secures Major Payment Institution License from Monetary Authority of Singapore

South Korea’s leading crypto exchange Upbit’s subsidiary Upbit Singapore announced that it has received a Major Payment Institution License from the Monetary Authority of Singapore.

03.01 / 14:06

Binance Upbit OKX Record $1.1 Trillion in Crypto Exchange Volume Driven by Spot Bitcoin ETF Anticipation

The monthly spot trading volume on crypto exchanges exceeded $1 trillion in December 2023, marking the first time this significant volume level has been surpassed in over a year.

28.11 / 14:53

Blockchain Upbit Upbit parent Dunamu's profits drop 81% in Q3

Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net profit in the third quarter of 2023 compared to the same period last year.

10.11 / 01:37

BTC Platform Upbit song information Head of South Korea’s Biggest Crypto Exchange ‘Not Guilty’ of Data Manipulation

The head of Dunamu, operator of South Korea’s market-leading Upbit crypto exchange, has been found not guilty of manipulating platform data.

19.10 / 07:21

Upbit OKX Aptos network Aptos Resumes Network Activities After Five Hours; OKX and Upbit Temporarily Halt Transactions

Layer 1 blockchain Aptos has announced normalcy to its operations following a five-hour outage that impacted trading activities including a temporary suspension from two exchanges.

16.10 / 06:49

Upbit Crypto regulations Crypto Exchange Upbit Receives In-Principle License Approval from Singapore

South Korea's leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

16.10 / 01:19

business regulation Upbit exchanges Central Bank South Korean exchange Upbit gets initial license nod from Singapore

The Singapore entity for Upbit, South Korea’s largest exchange by volume, has been given in-principal approval for a Major Payment Institution (MPI) license in Singapore.

09.10 / 08:59

Hack Upbit Crypto Exchange Upbit Faced Over 159,000 Hacking Attempts in H1 2023: Report

South Korea's largest cryptocurrency exchange, Upbit, was reported to be the target of hacking attempts on over 159,000 occasions during the first half of 2023.

25.09 / 07:07

Upbit Aptos Withdrawals Crypto Exchange Upbit Resumes Aptos Withdrawals After Resolving Scam Token Issue

South Korean cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals after a temporary halt prompted by a scam token infiltration.

07.09 / 17:29

Blockchain Binance defi Upbit Cyber Binance to reimburse users $1M for Cyber Earn incident

Crypto exchange Binance is refunding users 1 million Tether ($1 million) over its handling of the CyberConnect (CYBER) token incident.

28.08 / 12:49

Upbit Bithumb crypto regulation Reserve South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million

South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September.

22.08 / 08:49

regulation Upbit Taxes Bithumb Bitcoin South Korean city to seize crypto from thousands of tax evaders: Report

The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents.

03.08 / 14:23

business Binance coinbase Upbit OKX Upbit exchange overtakes Coinbase and OKX in trading volume

The South Korean cryptocurrency exchange Upbit overtook both Coinbase and OKX in terms of spot trading volume for the first time, according to data published on Aug. 3 from CCData.

28.07 / 19:57

regulation Upbit Bithumb Financial Intelligence Unit compliance Financial South Korea's Financial Intelligence Unit Presses Crypto Platforms to Improve Compliance Measures

The Korea Financial Intelligence Unit (KoFIU) in a meeting on Thursday told the Korean crypto industry to double down on their efforts to prevent illegal activities.

24.05 / 07:17

regulation Upbit Bithumb South Korea’s lead party wants crypto disclosure laws to apply earlier: Report

A new bill mandating South Korean lawmakers and high-ranking government officials to declare their cryptocurrency holdings is expected to take effect within the next two months, said the floor leader of the country’s ruling party.

15.05 / 16:03

business Upbit Bithumb raid South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal

Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of lawmaker Kim Nam-kuk.

12.04 / 15:43

Altcoin Upbit surges ApeCoin surges 1,950% on South Korean crypto exchange Upbit

On April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit before most gains were wiped out in a sharp sell-off. However, the token is still trading at $10.90 apiece at the time of publication, representing a significant premium of around $4.50 compared to other exchanges.

28.02 / 13:43

Upbit Crypto Exchange Upbit Operator Denies it Wants to Buy a Securities Firm

Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has denied it is poised to buy a securities company – and says it is instead eyeing non-fungible token (NFT) expansion.

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