Dunamu, the operator of South Korean cryptocurrency exchange Upbit, has been selected as the preferred bidder for the Korean National Police Agency’s one-year seized digital asset custody contract.
Summary
- Dunamu has been selected as the preferred bidder to manage digital assets seized by South Korea’s National Police Agency under a one year custody contract.
- Procurement results placed Dunamu ahead of K DAC and Hecto Wallet One after it received the highest combined technical and price evaluation score.
- Some industry participants questioned whether the tender requirements gave large exchange operators an advantage, while police said the operator was selected through a fair…
