💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
South Korean lawmakers call for hefty fines against Upbit
According to a report by Golden Finance, South Korean Democratic Party member Min Byeong-deok stated on the 17th that the virtual asset exchange Upbit should be fined a maximum of 183 trillion won for large-scale violations of customer identification systems (KYC) and other regulations. The Financial Intelligence Unit (FIU) found approximately 9.57 million legal violations by Upbit, including 9.34 million KYC violations, particularly the continued use of old images when re-verifying identity was required. Although the FIU has imposed a 3-month partial business suspension on Upbit and disciplinary actions against 10 personnel, the amount of the fine has not yet been decided. Member Min criticized this as a reflection of insufficient internal control within the exchange and negligence by regulatory agencies.