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Tag: South Korea

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South Korea fines Coinone $3.5M, orders partial business suspension: Reports
Coinone is the second to face South Korea’s crackdown on exchanges in the last month, following a $24 million fine and a six-month partial suspension order against Bithumb. Read full article
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Jito, KODA team up on institutional staking in South Korea
The collaboration aims to bring regulated custody and staking for JitoSOL to South Korea as institutions prepare for new crypto rules. Read full article
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South Korea Fines Coinone $3.5M, Suspends New User Services for 3 Months Over AML Violations
South Korea’s Financial Intelligence Unit fined crypto exchange Coinone 5.2 billion won and ordered a three-month partial business suspension after inspectors found systemic failures in customer identity checks and dealings with unregistered overseas platforms. Key Takeaways: South Korea’s FIU fined… Read full article
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South Korea says API crypto trading now makes up 30% of market: Report
South Korea’s FSS said API trading now makes up 30% of crypto turnover and warned it will crack down on abusive automated trading patterns, local media reported Monday. Read full article
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