Regulatory Scrutiny Escalates for Upbit Amid KYC and AML Breaches
South Korea's largest cryptocurrency exchange faces a suspension due to alleged violations of KYC and AML regulations.
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South Korea's largest cryptocurrency exchange faces a suspension due to alleged violations of KYC and AML regulations.
Upbit may be faced with sanctions from South Korean regulators due to breaches in money laundering compliance.
XRP has outpaced Bitcoin and Dogecoin in trading volume on major South Korean exchanges, suggesting imminent price fluctuations.
As South Korea's political instability escalates, the Bitcoin premium over US prices reaches significant levels.
Trading volumes for Dogecoin and XRP have surpassed Bitcoin in South Korea, influenced by regulatory changes and strong market enthusiasm.
Police in South Korea have apprehended 215 individuals linked to a cryptocurrency investment scam that defrauded victims of over $232 million.
Dogecoin's price has skyrocketed by 78% since Donald Trump's election victory, leading to a notable price premium on local South Korean exchanges.
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