South Korean financial authority issues suspension notice to Upbit for KYC/AML violation

South Korea’s Financial Intelligence Unit (FIU) has issued a suspension notice to Upbit. The government accused the nation’s largest crypto exchange of violating Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.  According to reports, the exchange has until January 20 to respond. Final decisions on potential sanctions are expected on January 21. This has […] source: https://www.cryptopolitan.com/south-korean-suspension-notice-upbit-kyc-aml/