South Korean crypto exchange Upbit under scrutiny from regulators! 🚨

- South Korea's Financial Services Commission (FSC) has launched an investigation into Upbit's possible monopoly.

- Representative Lee Kang-il expressed concern over Upbit's dominance and its ties to K-Bank.

- FSC plans to investigate Upbit's monopoly structure after the implementation of the new Electronic Financial Transactions Act.

Stay tuned!