
Crypto Exchange Upbit Faces Suspension Over KYC Violations
Source: Bitcoinist South Korea’s largest crypto exchange, Upbit, has reportedly received a suspension notice from the Financial Services Commission (FSC) for allegedly violating anti-money laundering (AML) and Know-your-client (KYC) requirements. Upbit Faces Suspension Of Up To 6 Months On Thursday, the Maeil Business Newspaper reported that South Korea’s Financial Intelligence Unit (FIU) notified the crypto…