BingX South Korea deposit restrictions amid regulatory compliance changes in Seoul's financial district
Bitcoin News

BingX South Korea Deposit Restrictions: A Critical Regulatory Shift for Crypto Exchanges

SEOUL, South Korea – March 2025: The cryptocurrency exchange BingX has implemented deposit restrictions for specific South Korean users, marking a significant development in the country’s ongoing regulatory evolution. According to multiple verified community reports, affected users received notifications citing local regulatory requirements as the primary reason for these limitations. This action follows previous announcements […]

Upbit suspends BingX transactions for regulatory compliance in South Korea's cryptocurrency market.
Bitcoin News

Upbit Halts BingX Transactions: A Critical Move for South Korean Crypto Compliance

In a significant development for the Asian cryptocurrency sector, South Korea’s premier digital asset exchange, Upbit, has announced an immediate suspension of all deposit and withdrawal services with the global trading platform BingX. This decisive action, confirmed on March 21, 2025, follows direct guidance from South Korean financial authorities and underscores the nation’s stringent approach […]