Catenaa, Saturday, March 08, 2025-South Korean regulators’ sanctions against Upbit, the country’s leading crypto exchange, have drawn strong criticism for being ineffective. The Financial Intelligence Unit (FIU) issued a three-month business suspension to Dunamu, the operator of Upbit, following revelations that the exchange facilitated nearly 45,000 virtual asset transfer transactions with 19 unreported, overseas-based operators.  […]

Catenaa, Tuesday, April 08, 2025-Dunamu, the parent company of South Korea’s largest cryptocurrency exchange, Upbit has announced a threefold increase in dividends for common shareholders following a sharp rise in its annual profits. During the company’s annual shareholder meeting on Friday, it was revealed that Dunamu would distribute a dividend of 8,777 Korean won ($5.99) […]