📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
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.