EddieJayonCrypto

 1 Apr 25

tl;dr

South Korea is considering banning non-compliant digital asset exchanges, targeting bans on KuCoin, BitMEX, and others, as they have allegedly been operating Korean-language websites without reporting to authorities. The Financial Intelligence Unit (FIU) is investigating these breaches and engaging ...

South Korea is considering banning non-compliant digital asset exchanges, targeting bans on KuCoin, BitMEX, and others, as they have allegedly been operating Korean-language websites without reporting to authorities. The Financial Intelligence Unit (FIU) is investigating these breaches and engaging with investors to assess any related damage. Exchanges mentioned in the report, such as BitMEX and KuCoin, have denied any wrongdoing. South Korean authorities have recently imposed bans and conducted raids on other exchanges for compliance failures.

Singapore and India have signed a pact to cooperate on maritime digitalization and decarbonization, aiming to identify key stakeholders in this collaboration.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 17 Jun 25
 17 Jun 25
 17 Jun 25