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Chainalysis Announced Partnership with South Korea-based Upbit to Explore the Asia Pacific

Dawn Wu

Summary: Chainalysis, the blockchain analysis company, announced today, April 23, its partnership with Upbit, a South Korean digital-asset exchange, which extends Chainalysis’s impact to the Asia Pacific region.

Chainalysis, the blockchain analysis company, announced today, April 23, its partnership with Upbit, a South Korean digital-asset exchange, which extends Chainalysis’s impact to the Asia Pacific region.

Jason Bonds, chief revenue officer of Chainalysis, said, “As digital asset and cryptocurrency use in Asia Pacific continues to grow, incorporating proper AML and KYC requirements is a vital step for all cryptocurrency exchanges in the region.”

Both Upbit Korea and Upbit APAC will apply Chainalysis Know Your Transaction (KYT) to safeguard trading experiences for all of its users.

By Dawn Wu

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