- Dunamu said it received renewal of its virtual asset service provider license from the Financial Intelligence Unit (FIU).
- With this acceptance of the filing, Dunamu stated it became the first among operators of the country's five major won-based exchanges to complete license renewal.
- It added that other major exchanges such as Korbit, Bithumb, Coinone, and GOPAX are also undergoing renewal procedures.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Dunamu, operator of the domestic virtual asset (cryptocurrency) exchange Upbit, has had its virtual asset service provider license renewed by financial authorities.
On the 23rd, according to the Financial Intelligence Unit (FIU) of the Financial Services Commission, the FIU accepted Dunamu's virtual asset service provider (VASP) license renewal filing and issued a certificate of acceptance.
Under the Act on Reporting and Use of Specified Financial Transaction Information (the Special Financial Transactions Act), virtual asset service providers must renew their business registration every 3 years. Dunamu first registered as a virtual asset service provider in 2021 and submitted a renewal application in August last year.
With this acceptance of the filing, Dunamu became the first among operators of the country's five major won-based exchanges to complete the virtual asset service provider license renewal. Currently, other major exchange operators such as Korbit, Bithumb, Coinone, and GOPAX are also undergoing renewal procedures.
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