Tag: South Korea crypto regulation

Upbit KYC Violations: How 500,000 Compliance Failures Changed Crypto Regulation in South Korea

Upbit KYC Violations: How 500,000 Compliance Failures Changed Crypto Regulation in South Korea

Upbit’s 500,000 KYC violations exposed systemic failures in crypto compliance, triggering a regulatory overhaul in South Korea and setting a global precedent for how exchanges must verify users.