Crypto Exchange Korbit Fined $1.90 Million By South Korean Regulators

In recent developments, south Korea’s top money-laundering watchdog has slapped crypto exchange Korbit with a fine worth about ₩2.73 billion, or roughly $1.90 million, after finding widespread lapses in its…

South Korea fines Korbit $1.8M over compliance failures

In recent developments, most breaches involved failures in customer due diligence and identity verification processes. The action coincides with reports of a potential majority acquisition by Mirae Asset. The case…