Upbit
KakaoBank prepares for Korean won stablecoin amid Upbit acquisition
KakaoBank plans to launch a won-backed stablecoin to enhance its services, while Naver Financial moves to acquire Upbit in a...
N. Korea’s Lazarus Group suspected to be behind $30M Upbit hack
The Korea Times reported that authorities plan to investigate Upbit, under suspicion that the Lazarus Group was behind the November...
China turns against stablecoins; Sony preps PlayStation stable
China's central bank targets stablecoins amid regulatory challenges, while South Korea pushes for stablecoin legislation to advance digital finance.
South Korea gives nod to ‘crypto’; Upbit faces hefty fines
Institutional investors can start cashing digital assets out in H1 and access all the other services in H2 as FSC...
South Korean exchanges fear sanctions due to Upbit clampdown
Smaller exchanges fear they will face stricter sanctions as Upbit, the largest operator, faces withdrawal limitations and tough fines to...
Upbit’s license renewal in limbo; Hong Kong tightens VASP rules
South Korea is uncertain whether Upbit will have its license renewed due to possible KYC breaches; elsewhere, Hong Kong advises...
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