South Korean Regulator Prepares New Wave of Penalties for Major Crypto Exchanges
South Korea’s financial watchdog, the Financial Intelligence Unit (FIU), is intensifying its efforts to enforce anti-money laundering (AML) compliance in the country’s growing crypto market. The FIU is preparing to issue a fresh round of institutional and individual sanctions, along with substantial fines, against major domestic virtual asset exchanges that failed to meet their AML … Read more