PANews reported on November 15 that according to Aggr News, South Korea's leading crypto exchange Upbit is facing scrutiny for allegedly violating KYC (Know Your Customer) requirements. During its license renewal, it was reported that UPbit accepted blurred identity documents as verification materials, and each violation may be fined up to $71,500.
Upbit could be fined up to $71,500 per KYC violation
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