Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu.
Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company
As Thailand’s leading crypto exchange remains suspended, billionaire backed rival Upbit enters the scene.
Upbit launches in Thailand just days after regulators suspended Bitkub
South Korean exchange UpBit received four licenses to operate a digital asset exchange in Thailand.
Crypto Exchange UpBit Scores Full Deck of Licenses From Thai SEC
Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity.
Korean Exchanges Struggle With Expansion Amid Uncertain Regulations
Millions of dollars in ETH stolen from Upbit in 2019 continues to move on unknown wallets, OKEx, and a little-known exchange.
Upbit Hack’s $50M Funds Continue Moving After Hitting Binance
Binance froze ETH previously stolen from Upbit immediately after the suspicious transaction was reported.
Binance Freezes Funds Stolen From Upbit in Late 2019
Legal, regulated crypto is starting to move through the Asia-Pacific region.
Upbit Extends Its Partnership With Chainalysis for Enhanced Crypto Compliance