South Korean crypto exchange operator could face stricter scrutiny and regulations

Dunamu could face stricter scrutiny and regulations from South Korean authorities. Dunamu is the operator of Upbit, the countrys largest crypto exchange. The Korea Fair Trade Commission (KFTC) is considering classifying Dunamu as a large business, according to the Korea Herald. This could put the company under increased scrutiny and tougher regulations by authorities. The KFTC considers businesses with over 5 trillion won ($4.03 billion) in total assets as large businesses and annually reviews them if they should be subject to tougher regulations. These could include requiring them to...



source: https://tokenpost.com/South-Korean-crypto-exchange-operator-could-face-stricter-scrutiny-and-regulations-9586

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