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The Polylog Crypto Intelligence Brief

Morning Edition · Monday, July 20, 2026Published at 1:27 AM EDT · New York

South Korea Moves to Sanction Upbit's Operator Over 2025 Hack

The Financial Supervisory Service has opened proceedings against Dunamu, though legal gaps leave the possible penalties unclear.

South Korea Moves to Sanction Upbit's Operator Over 2025 Hack

South Korea's Financial Supervisory Service (FSS) has begun sanctions proceedings against Dunamu, the operator of Upbit, the country's largest crypto exchange, over a 2025 hack of the platform. The action targets the operator rather than on…

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Regulatory Perimeter for Crypto Hardens in EU and US

Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.