According to ChainCatcher, Dunamu, which operates the cryptocurrency exchange Upbit, announced on the 18th that in order to cooperate with the implementation of the Virtual Asset User Protection Act, the company has released the first transparency report of the Korean cryptocurrency industry.

According to the report, Dunamu has restricted employees' immediate family members from selling and exchanging crypto assets on Upbit to maintain the fairness of the trading order and enhance investor confidence, and has established the Upbit Market Monitoring System (UMO) to prohibit price manipulation on Upbit.

In addition, Dunamu plans to publish a transparency report on the Upbit website every year.