South Korea's Financial Intelligence Agency restricts crypto asset transactions for 3 months

PANews reported on February 25 that according to Yonhap News Agency, the South Korean Financial Intelligence Agency (FIU) announced on February 25 that it would implement regulatory measures on Upbit, South Korea's largest cryptocurrency exchange. According to regulations, Upbit will be restricted from newly registered users' cryptocurrency recharge and cash withdrawal services within the next three months.