Upbit, a domestic cryptocurrency trading site, is reorganizing the operation of the cryptocurrency disclosure system to self-disclosure.
Upbit announced on the 2nd that it will reorganize the existing disclosure method into a free bulletin board in accordance with the market’s demand for the increase in the timeliness of disclosure. The disclosure system operated by Upbit will be temporarily suspended from this day.
Since April 2019, Upbit has operated a cryptocurrency disclosure system that allows anyone to check key information of the project (blockchain developer) without discrimination. Through Upbit, investors were able to obtain information such as changes in large-capacity holdings of investment items, structural changes in cryptocurrency, changes in key personnel, strategic partner cooperation, and achievement of major milestones.
However, controversy arose when blockchain developer AnimalGo (cryptocurrency name Go Money 2) recently announced the news of false investment attraction through Upbit. Is analyzed.
Upbit said, “In the reorganized free bulletin board, we expect that each project will be able to more effectively resolve the information imbalance sought by the existing disclosure system by posting information directly.” We will guide you through the reorganization schedule together,” he explained. However, notices that have already been published will continue to be maintained even after the reorganization of the system.
