❗️🇰🇷 The South Korean government has issued a notice of suspension for #Upbit

The regulator is checking the largest Korean exchange for violations of anti-money laundering obligations (KYC, customer verification).

Upbit may face a suspension of operations for up to 6 months. The regulator will limit the registration of new clients; these changes will not affect existing users.

A final decision will be made on January 21.