PANews reported on December 31 that, according to the Korea Financial Intelligence Unit (FIU), virtual asset service provider Korbit has been warned and fined 2PANews reported on December 31 that, according to the Korea Financial Intelligence Unit (FIU), virtual asset service provider Korbit has been warned and fined 2
South Korea's financial intelligence agency issued an institutional warning and fined Korbit 2.73 billion won.
PANews reported on December 31 that, according to the Korea Financial Intelligence Unit (FIU), virtual asset service provider Korbit has been warned and fined 2.73 billion won (approximately US$2.08 million) for violating the Specific Financial Information Act. The company's representative and those responsible for reporting violations have also received warnings and disciplinary action. The violations included approximately 22,000 breaches of customer due diligence and transaction restriction obligations, as well as 19 transactions with unregistered overseas VASPs. The FIU emphasized that it will continue to strengthen AML compliance oversight.
Market Opportunity
Virtuals Protocol Price(VIRTUAL)
$0.67
$0.67$0.67
USD
Virtuals Protocol (VIRTUAL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Australia approves regulatory relief for stablecoin usage
The Australian Securities and Investments Commission (ASIC) has announced regulatory relief for stablecoin intermediaries.
Share
Cryptopolitan2025/09/18 17:40
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!
The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
US Jobless Claims Defy Expectations with Stunning 199,000 December Total
BitcoinWorld US Jobless Claims Defy Expectations with Stunning 199,000 December Total WASHINGTON, D.C. — December 28, 2024 — The U.S. labor market delivered a
Share
bitcoinworld2025/12/31 21:55