Regulatory

Circle’s USDC Gains Regulatory Approval In Japan, Partners With SBI Holdings For Adoption

by
🇯🇵

Circle, the issuer of USDC stablecoins, is making headlines again with its recently announced regulatory approvals and partnership in Japan. In a statement published on 25 March 2025, Circle disclosed that it has officially entered the Japanese market. The company will be leveraging its Japanese entity, Circle Japan KK, alongside its joint venture with Japanese … Read more

Upbit Faces Partial Suspension Over Regulatory Breaches

by
Upbit crypto exchange suspension due to regulatory violations in South Korea

The Financial Intelligence Unit (FIU) sanctioned Dunamu, Upbit’s parent company, for conducting transactions with unregistered virtual asset businesses. Upbit also failed to follow proper customer verification procedures and did not report suspicious transactions. Along with the suspension, the exchange faces financial penalties and personnel actions. Upbit has acknowledged the violations and promised to strengthen compliance … Read more