Dunamu holds compliance pledge ceremony to strengthen ethical culture

Dunamu, the operator of digital asset exchange Upbit, announced Monday that it held a compliance management pledge ceremony on June 25 to strengthen legal awareness and establish a more transparent corporate culture.

The event, held at Square Cube in Seocho-gu, Seoul, was attended by CEO Oh Gyeong-seok, Chief Legal Officer Lim Jong-heon and Chief Compliance Officer Yang Du-ho, along with executives and employees from departments covering fair trade, compliance monitoring, information security, rights protection and service policy. The ceremony was organized to share the company's commitment to compliance management both internally and externally, and to raise ethical awareness among its workforce.

Attendees pledged to carry out all duties fairly and honestly, signing the compliance management pledge in person. They also reviewed the compliance-related activities of each department and exchanged views on future direction.

The pledge outlined four core tasks for compliance management: adhering to internal regulations and laws while strengthening internal control systems; managing compliance risk and protecting information assets; operating compliance programs and actively participating in in-house education; and establishing transparent trading order and fostering a sound virtual asset market.

In his remarks, Oh said that "establishing transparent trading order in the digital asset market and leading the way in user protection are the top priorities for building a sound market ecosystem," adding that the company would "continue to do its utmost to enhance market trust and protect users on the basis of rigorous compliance management."

Earlier, Dunamu declared the adoption of a fair-trade compliance program (CP) in 2025 and appointed CLO Lim as its compliance manager to advance its fair-trade policies and systems. The company has also been running regular training sessions, publishing an internal newsletter and carrying out various other activities to cultivate legal awareness and encourage active participation among all employees.

The fair-trade compliance program is a framework established by the Korea Fair Trade Commission under which companies voluntarily draw up their own codes of conduct and build internal compliance systems to observe fair-trade laws and regulations.

Meanwhile, Dunamu also proactively operates a strict internal control system governing virtual asset trading. Employees are prohibited from trading on Upbit, and those who use other exchanges must report their transaction records to the company every quarter. Immediate family members of employees are also barred from trading on Upbit.