South Korea’s FIU penalized the crypto exchange as a traditional finance giant weighs its first crypto acquisition.
Korbit, the South Korean crypto exchange in talks to be bought by Mirae Asset, was fined 2.73 billion won ($1.9 million) by the country’s regulator for multiple anti money-laundering and customer verification breaches.
The Financial Intelligence Unit… [937 chars]
Source: CoinDesk | Published: 2025-12-31T12:47:03Z
Credit: CoinDesk
