Upbit suspension icon over a crypto exchange interface, highlighting enhanced security against money laundering.
Blockchain News

Upbit’s Decisive Suspension: Bolstering Crypto Exchange Security Against Money Laundering Risks

In a significant move impacting the South Korean cryptocurrency landscape, leading exchange Upbit has announced a temporary **Upbit suspension** of deposits and withdrawals for two specific platforms: MaskEx and Xinbi Guarantee. This decisive action underscores the growing global focus on regulatory compliance within the digital asset space. The announcement, released via an official notice, aims […]