Crypto Under Fire: Why South Korea’s Bithumb Penalty Is A Warning Shot To Exchanges Worldwide
South Korea’s Financial Intelligence Unit (FIU) has imposed a 6-month partial enterprise suspension and 36.8 billion gained tremendous on one the largest Korean crypto exchanges, Bithumb. A New Governance Hit On A Crypto Exchange According to Korean outlet News1, the FIU has finalized heavy sanctions towards Bithumb for severe Anti‑Money Laundering (AML) and Know Your…
