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.
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.
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 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.
Korbit predicts Bitcoin may hit $170K by 2026, driven by fiscal policy reforms and institutional demand.