South Korea’s Financial Services Commission (FSC) announced plans to investigate Upbit’s market dominance. This investigation follows concerns about Upbit’s ownership in the virtual asset sector and its association with K-Bank, an internet-based bank preparing for an initial public offering (IPO). Concerns Raised Over Upbit and K-Bank Relationship During a National Assembly state review, FSC Chairman The post Upbit’s Market Power in South Korea Attracts Regulatory Flak appeared first on Coin Edition .