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News

Crypto Exchange Upbit’s Parent Company Prevents Staff, Families From Trading

November 29, 2022 - Around 1 mins mins to read
Dunamu, the South Korean company that runs the Upbit exchange, has been prohibiting family members of its executives and employees from trading cryptocurrencies since August, according to local media reports.
Crypto Exchange Upbit's Parent Company Prevents Staff, Families From Trading

The report on Tuesday says that the measure is being implemented as part of an effort to promote ethical management in the crypto industry.

To fulfill its social responsibility, Dunamu expanded the ban to include the families of its executives and employees, which was previously limited to its staff and employees.

In September 2021, the government revised the law to restrict cryptocurrency trading by crypto companies, as well as their executives and staff. This was done to increase transparency and protect users from being harmed due to cryptocurrency price manipulation.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

crypto

Dunamu

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
News

Crypto Exchange Upbit’s Parent Company Prevents Staff, Families From Trading

Dunamu, the South Korean company that runs the Upbit exchange, has been prohibiting family members of its executives and employees from trading cryptocurrencies since August, according to local media reports.
Crypto Exchange Upbit's Parent Company Prevents Staff, Families From Trading

The report on Tuesday says that the measure is being implemented as part of an effort to promote ethical management in the crypto industry.

To fulfill its social responsibility, Dunamu expanded the ban to include the families of its executives and employees, which was previously limited to its staff and employees.

In September 2021, the government revised the law to restrict cryptocurrency trading by crypto companies, as well as their executives and staff. This was done to increase transparency and protect users from being harmed due to cryptocurrency price manipulation.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

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