South Korea Fines Crypto Exchange Korbit $1.9M After AML Breaches
South Korea’s Financial Intelligence Unit fines Korbit $1.9M for violating anti-money laundering regulations, highlighting the need for stricter compliance in the crypto industry.
crypto exchange
South Korean lawmaker faces scrutiny over family ties to crypto exchange: Report
A South Korean lawmaker is under scrutiny for allegedly trying to secure a job for his son at a crypto exchange while raising concerns about a competitor, highlighting potential conflicts of interest in the regulatory environment.
South Korea’s Mirae Asset Group Explores $100M Takeover Of Crypto Exchange Korbit
Mirae Asset Group explores a $100 million takeover of Korbit, a licensed crypto exchange in South Korea, marking a significant move by traditional finance into the crypto space.
Mirae Asset in talks to buy Korean crypto exchange Korbit in $100M deal: Report
Mirae Asset Group is reportedly in talks to acquire South Korea’s crypto exchange Korbit in a deal valued at up to $100 million, signaling growing interest from traditional finance in the crypto sector.
Bybit Announces Planned Exit from Japanese Market Beginning in 2026
Bybit, a leading cryptocurrency exchange, will exit the Japanese market starting in 2026, implementing gradual account restrictions for Japanese residents. The decision reflects the challenges of regulatory compliance in the crypto industry.
Binance Failed to Prevent Suspicious Accounts from Moving $144M After 2023 Plea Deal: Report
Binance faces scrutiny over its failure to prevent $144 million in suspicious transactions after a 2023 plea deal, with $1.7 billion moved since 2021, raising concerns about its regulatory compliance.
Binance mulls new US strategy, CZ potentially reducing stake: Report
Binance is reportedly considering a new US strategy, which may involve CZ reducing his stake in Binance.US, amid ongoing regulatory pressures.
Bitrue Delivers Real Rewards to Christmas Investors
Bitrue launches Christmas rewards program to deliver cheer despite lack of end-of-year crypto rally.
HashKey crypto exchange sees bumpy Hong Kong debut after $206M IPO
HashKey crypto exchange debuts on Hong Kong’s HKEX after a $206 million IPO, experiencing volatility on its first trading day, marking a significant step for the crypto industry in the region.
BitMEX Debuts New Mobile Trading Experience With Intuitive Design and Controls
BitMEX debuts its new mobile trading experience with an intuitive design and controls, enhancing crypto derivatives trading on the go.