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South Korean regulator clears Upbit in order book sharing probe

June 25, 2026, 1:59 AM
South Korean crypto exchange Upbit has been cleared of any wrongdoing in an investigation into its order book sharing practices, unlike rival Bithumb, which was fined 210 million won (about $152,000) for violations. An official from South Korea's Personal Information Protection Commission (PIPC) told local media outlet Digital Asset today that an investigation into Upbit found no violations of regulations concerning the overseas transfer of personal information. The PIPC had previously announced the fine against Bithumb for transferring user data abroad without consent.

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