Tag: FIU

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Crypto News

S.Korea FIU Poised To Issue Successive Sanctions On Crypto Exchanges Like Bithumb, Upbit Over AML Breaches

Domestic virtual asset exchanges in South Korea are likely to face several punishments from financial authorities due to their violations of anti-money laundering regulations Using...
Crypto News

Indian Finance Ministry Says “Crypto Assets Are not Regulated in India”, Exchanges Must Register With FIU

On 21 July, the Indian Finance Ministry clarified to the Lok Sabha that virtual digital assets (VDAs) and cryptocurrencies remain unregulated under current Indian...
Exchange News

Crypto Exchange Upbit Under South Korea’s FIU Radar For 500K Cases Of KYC Violations

Upbit, South Korea's largest cryptocurrency exchange, is under scrutiny from the Financial Information Analysis Institute (FIU), an arm of the Financial Services Commission. The...