Upbit Adds JasmyCoin, PolySwarm, and Bonk to BTC, USDT, and KRW Markets
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 20 2024New Token Listings on Upbit: Upbit, South Korea's largest cryptocurrency exchange, has listed JasmyCoin, PolySwarm, and Bonk across BTC, USDT, and KRW markets, with trading starting today and deposits/withdrawals supported within three hours.
Regulatory Scrutiny and Compliance Issues: Upbit is under investigation by the Financial Intelligence Unit for potential violations of Know Your Customer regulations, with concerns over unverified accounts and money laundering risks as it seeks to renew its operating license.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
