Upbit Singapore is a wholly-owned subsidiary of Upbit APAC. The latter operates Upbit Exchange (Thailand), a regulated digital asset exchange and broker under the Thailand Securities and Exchange Commission; PT Upbit Exchange Indonesia, a regulated digital asset exchange under Indonesia’s Commodity Futures Trading Regulatory Agency; and VerifyVASP, the world’s largest Travel Rule solution provider for digital assets.
Upbit Singapore, part of South Korea-based Upbit, has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore.
The digital asset exchange received its in-principle approval in October 2023.
