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Upbit Secures Full Licensing in Singapore Signals Major Expansion Plans

South Korean cryptocurrency exchange Upbit secures full licensing from Singapore's regulatory authority, expanding its crypto services in the region. This milestone marks Upbit's leap towards enhanced offerings and market growth in Singapore's dynamic crypto landscape.

Upbit Secures Full Licensing for Crypto Operations in Singapore

Upbit achieves regulatory success in Singapore, securing an MPI license to expand crypto services. Singapore's clear regulatory framework cements its status as a global crypto hub. Despite this win, challenges in the evolving regulatory environment may impact future operations.

Upbit Singapore Elevates Digital Asset Scene with Major License

Upbit Singapore gains a pivotal MPI license, marking a significant stride in regulatory-compliant digital asset trading in Singapore.

How Upbit Manages Risk and Why It Succeeds Where Others Fail

But perhaps because it is always subject to attacks, and with a $50 million exploit in 2019 looming over their heads, Upbit's approach towards security and risk is more prudent than most.

Upbit Singapore Obtains Initial Licence Approval From Singapore’s Regulators

South Korean crypto exchange Upbit granted initial licence approval from the MAS for a major payment institution licence under the Payment Services Act.

Upbit's Battle Against 159,000 Network Attacks

Upbit fortifies security measures after enduring 159,000 network attacks in response to escalating threats.

Upbit Sees Over 150,000 Hacking Attempts This Year

This figure was disclosed by Dunamu, the operator of Upbit, to Park Sung-jung, a member of the National Assembly's Science, Technology, Information, Broadcasting and Communication Committee today.

Upbit Temporarily Halts Services Amidst APT Token Scam

Upbit owner Dunamu could see 'monopoly' curbed after investment controversy

The Upbit operator is under heavy scrutiny from local regulators as its total assets balloon and a subsidiary issued controversial investment advice.