🎊 Cryptonary New Year Sale! 50% OFF. Save $500 Now Only ⏰ : 0d 18h 39m 3s
Korean exchanges issue a warning on Litecoin over usage of privacy-focused tech
Litecoin (LTC), a peer-to-peer cryptocurrency and open-source software project, faced heat from the top two crypto exchanges in South Korea over the usage of privacy-focused technology. Bithumb and Upbit, two of the nation's biggest crypto exchanges, released warnings against LTC following a major update in the network, which was witnessed earlier this year.
Warnings against Litecoin
As per a previous report from Cryptonary, Litecoin (LTC) welcomed a huge upgrade after two full years called Mimblewimble, which aimed to improve a number of features of the blockchain but was mainly aimed at enhancing the privacy features of the network. With Mimblewimble, users will be able to complete confidential transactions with great ease.Bithumb stated that it will follow its "Transaction Support Policy" for investor protection which stipulates that "transaction support should be terminated if it violates laws, government or financial authorities' guidelines or is subject to regulation."
"Accordingly, we plan to designate the virtual asset as a cautionary item for investment in accordance with 'regulation compliance" and "internal policy for investor protection' and finally review whether the transaction support is terminated," said the official warning.A similar warning was stated by Upbit, while the other two large Korean exchanges, Korbit and Coinone, remain silent on the matter for now. The exchanges pointed out that the privacy features of Litecoin will lead to a breach of Korea's Act on the Reporting and Use of Specific Financial Transaction Information.
Digital Asset Framework Act in 2024
As per a previous report from Cryptonary, South Korea plans to bring the Digital Asset Framework Act in 2024 under the leadership of the new government led by Yoon Seok-youl. The government aims to give the green light to Initial coin offerings (ICOs), among other things. The government has prepared an implementation plan called the "National Task Implementation Plan" to enact the Digital Assets Basic Act, and this is the first time that an annual implementation plan has been made public.Continue reading by joining Cryptonary Pro
$997 $497/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
