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Upbit Singapore Secures Major Payment Institution License from Monetary Authority of Singapore

MAS provided the exchange with initial in-principal approval in October 2023, and Upbit has been actively engaged in Singapore since 2018.

Upbit Secures Full Licensing for Crypto Operations in Singapore

Upbit achieves regulatory success in Singapore, securing an MPI license to expand crypto services. Singapore's clear regulatory framework cements its status as a global crypto hub. Despite this win, challenges in the evolving regulatory environment may impact future operations.

Upbit Singapore Elevates Digital Asset Scene with Major License

Upbit Singapore gains a pivotal MPI license, marking a significant stride in regulatory-compliant digital asset trading in Singapore.

50% Explosion As Upbit Lists MINA for KRW Trading [Updated]

Upbit's new KRW trading pair for MINA led to a 50% price surge in 24 hours.

How Upbit Manages Risk and Why It Succeeds Where Others Fail

But perhaps because it is always subject to attacks, and with a $50 million exploit in 2019 looming over their heads, Upbit's approach towards security and risk is more prudent than most.

Upbit Singapore Obtains Initial Licence Approval From Singapore’s Regulators

South Korean crypto exchange Upbit granted initial licence approval from the MAS for a major payment institution licence under the Payment Services Act.

Upbit's Battle Against 159,000 Network Attacks

Upbit fortifies security measures after enduring 159,000 network attacks in response to escalating threats.

Upbit Temporarily Halts Services Amidst APT Token Scam

South Korea's UpBit Hits Pause: Withdrawals Frozen Amidst Scam Token Frenzy

A deceptive token masquerading as a legitimate version of Aptos briefly disrupted operations on Upbit, specifically affecting the APT token; it has since announced the resumption of services for the token.

Upbit owner Dunamu could see 'monopoly' curbed after investment controversy

The Upbit operator is under heavy scrutiny from local regulators as its total assets balloon and a subsidiary issued controversial investment advice.