Dunamu: "We understand regulatory measures...discussing future plans"
Summary
- Dunamu announced that they understand the financial authority's sanctions and are discussing future measures.
- The Financial Services Commission announced a three-month ban on new customers' virtual asset deposits and withdrawals for Upbit.
- Dunamu explained that despite restrictions on new user services, existing users' virtual asset trading will continue normally.
Dunamu, the operator of domestic virtual asset (cryptocurrency) exchange Upbit, announced on the 25th that they understand the financial authority's sanctions and are discussing future measures.
On this day, the Financial Intelligence Unit (FIU) of the Financial Services Commission imposed a three-month ban on new customers' virtual asset deposits and withdrawals on Upbit. The violation was for trading with unregistered virtual asset operators.
In response, Dunamu stated, "This sanction partially restricts services for new users," and explained that "virtual asset trading for existing users or new registrants on Upbit will continue normally."
They added, "Dunamu will improve the deficiencies pointed out by the sanctions committee to provide a more reliable and secure trading environment for customers using Upbit services."
Doohyun Hwang
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