South Korea’s Financial Intelligence Agency restricts new users of Upbit’s crypto asset deposits and withdrawals for three months

Odaily News According to Yonhap News Agency, the South Korean Financial Intelligence Unit (FIU) announced on February 25 that it would implement regulatory measures against Upbit, South Korea's largest cryptocurrency exchange. According to the regulations, Upbit will be restricted from cryptocurrency deposits and withdrawals for newly registered users in the next three months.