Bithumb might become the third South Korean exchange to face heavy penalties. The FIU has concluded its year-long inspections ...

South Korea has announced major anti-money laundering penalties on crypto exchange Bithumb as the country continues a ...

Sanctions are often used to ensure compliance with objectives at both national and international levels. It enables the ...

South Korea’s FIU fines Korbit $1.9 million for AML violations, NFT risk lapses, and unreported overseas crypto transfers.

South Korea's major exchange Korbit faces a $1.9M penalty from the nation's financial watchdog for failing to meet AML standards.

South Korea’s FIU indicted Korbit over AML violations. The exchange faces a $1.88 million fine and regulatory sanctions.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The updated framework defines how iDenfy’s automated AML system prevents, ...