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South Korea temporarily lifts Upbit’s 3-month ban on serving new clients

Summary by Cointelegraph

A South Korean court approved an injunction request from Dunamu, moving the FIU sanction 30 days after a judgment is reached.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap

Upbit parent company Dunamu triples shareholder dividends following 85% YoY profit growth

Dunamu, the company behind South Korea's largest cryptocurrency exchange Upbit, has tripled its cash dividends to common stockholders compared to the …

5 days ago

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Bitcoin Ethereum News

South Korea's Largest Cryptocurrency Exchange Upbit Announces Record-High Dividend for Shareholders! Here Are the Details

The post South Korea’s Largest Cryptocurrency Exchange Upbit Announces Record-High Dividend for Shareholders! Here Are the Details appeared on BitcoinEthereumNews.com. Dunamu, the parent company of South Korea’s largest cryptocurrency exchange Upbit, has announced a three-fold increase in cash dividends for its shareholders following a sharp increase in profits for 2024. Dunamu Triples Shareholder Dividends with 85% Profit Increase At its annual…

5 days ago

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crypto.news

Crypto exchange Upbit operator Dunamu posts 85% surge in operating profit

Dunamu, the operator of crypto exchange Upbit, posted an 85.1% increase in operating profit for 2024, fueled by Bitcoin’s halving and pro-crypto policies in the U.S. Dunamu, the company behind South Korean crypto exchange Upbit, had a strong 2024, with…

5 days ago

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Tron Weekly Journal

Upbit Suspension Frozen By Court, Crypto Giant Back In Action

A South Korean court has temporarily halted a three-month suspension on Upbit imposed by the Financial Intelligence Unit. The court granted an injunction that allows Upbit to resume onboarding new users during the ongoing legal dispute. The Financial Intelligence Unit accused Upbit of conducting transactions with unregistered foreign crypto service providers. A South Korean court has temporarily halted a regulatory suspension imposed on Upbit, a…

5 days ago

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cryptotale.org

Upbit Wins Legal Battle, FIU Ban Is Temporarily Suspended

Upbit secures court order to pause FIU’s business ban, allowing operations to continue. Dunamu challenged the penalty, calling it excessive, and won a temporary suspension. SK’s crypto market saw significant growth in 2024, with 33% of investors being newcomers. Upbit, South Korea’s largest cryptocurrency exchange, has won a key legal battle against the country’s financial regulator. The Seoul Administrative Court ruled in favor of Upbit’s paren…

6 days ago

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Coinjournal

South Korea court temporarily lifts 3-month Upbit ban

South Korean court has temporarily lifted a 3-month ban on top crypto exchange Upbit. Regulators imposed the ban in February. South Korea’s cryptocurrency exchange Upbit has received reprieve from the courts, with a three-month ban on the crypto exchange now lifted albeit temporarily. This relates to an order that had Upbit, the country’s leading crypto exchange, banned from onboarding new clients. On March 27, 2025, the court lifted the injunct…

6 days ago

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