South Korea's top cryptocurrency exchange, Upbit, is under investigation by the Financial Services Commission (FSC) due to concerns about its market dominance and close relationship with K-Bank, a key banking partner. Lawmakers raised alarms during a parliamentary review, pointing out that Upbit holds about 20% of K-Bank’s total deposits, which could create systemic risks if a bank run were triggered by any disruption in Upbit’s operations. The FSC plans to scrutinize this partnership as K-Bank prepares for its upcoming IPO, with potential violations of financial and industrial separation laws also under review.
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XRP
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SOL
$73.70
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FIGR_HELOC
$1.03
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$54.11
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DOGE
$0.069827
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USDS
$0.999934
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RAIN
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LEO
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ZEC
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WBT
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LINK
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XLM
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DAI
$0.999949
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BCH
$215.08
▲ +1.00%
USD1
$0.999924
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USDE
$0.999765
▲ +0.00%
GRAM
$1.35
▼ -1.40%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,899.00
▲ +0.90%
ETH
$1,913.83
▲ +0.60%
USDT
$0.999508
▲ +0.00%
BNB
$590.66
▼ -0.30%
USDC
$0.999736
▲ +0.00%
XRP
$1.03
▼ -0.90%
SOL
$73.70
▲ +1.40%
TRX
$0.327723
▲ +0.20%
FIGR_HELOC
$1.03
▲ +1.10%
HYPE
$54.11
▼ -3.80%
DOGE
$0.069827
▲ +0.80%
USDS
$0.999934
▲ +0.00%
RAIN
$0.012702
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$508.17
▲ +0.80%
ADA
$0.199812
▼ -0.30%
XMR
$380.47
▲ +2.70%
WBT
$56.13
▲ +0.80%
LINK
$8.17
▼ -0.30%
XLM
$0.161825
▲ +0.00%
DAI
$0.999949
▲ +0.00%
BCH
$215.08
▲ +1.00%
USD1
$0.999924
▲ +0.00%
USDE
$0.999765
▲ +0.00%
GRAM
$1.35
▼ -1.40%
BTC
$64,899.00
▲ +0.90%
ETH
$1,913.83
▲ +0.60%
USDT
$0.999508
▲ +0.00%
BNB
$590.66
▼ -0.30%
USDC
$0.999736
▲ +0.00%
XRP
$1.03
▼ -0.90%
SOL
$73.70
▲ +1.40%
TRX
$0.327723
▲ +0.20%
FIGR_HELOC
$1.03
▲ +1.10%
HYPE
$54.11
▼ -3.80%
DOGE
$0.069827
▲ +0.80%
USDS
$0.999934
▲ +0.00%
RAIN
$0.012702
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$508.17
▲ +0.80%
ADA
$0.199812
▼ -0.30%
XMR
$380.47
▲ +2.70%
WBT
$56.13
▲ +0.80%
LINK
$8.17
▼ -0.30%
XLM
$0.161825
▲ +0.00%
DAI
$0.999949
▲ +0.00%
BCH
$215.08
▲ +1.00%
USD1
$0.999924
▲ +0.00%
USDE
$0.999765
▲ +0.00%
GRAM
$1.35
▼ -1.40%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,899.00
▲ +0.90%
ETH
$1,913.83
▲ +0.60%
USDT
$0.999508
▲ +0.00%
BNB
$590.66
▼ -0.30%
USDC
$0.999736
▲ +0.00%
XRP
$1.03
▼ -0.90%
SOL
$73.70
▲ +1.40%
TRX
$0.327723
▲ +0.20%
FIGR_HELOC
$1.03
▲ +1.10%
HYPE
$54.11
▼ -3.80%
DOGE
$0.069827
▲ +0.80%
USDS
$0.999934
▲ +0.00%
RAIN
$0.012702
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$508.17
▲ +0.80%
ADA
$0.199812
▼ -0.30%
XMR
$380.47
▲ +2.70%
WBT
$56.13
▲ +0.80%
LINK
$8.17
▼ -0.30%
XLM
$0.161825
▲ +0.00%
DAI
$0.999949
▲ +0.00%
BCH
$215.08
▲ +1.00%
USD1
$0.999924
▲ +0.00%
USDE
$0.999765
▲ +0.00%
GRAM
$1.35
▼ -1.40%
