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Upbit operator Dunamu becomes first digital asset exchange firm designated for shared use of administrative information

Dunamu, the operator of Upbit, has been designated by South Korea\'s Ministry of the Interior and Safety as an institution eligible for the shared use of administrative information, the first such designation for a domestic digital asset exchange. The designation allows the company to use public administrative data in know-your-customer checks. Dunamu plans to apply the service to Upbit\'s verification work to reduce documents users must submit and streamline review and validation procedures.