South Korea’s Second-Largest Crypto Exchange Is Facing a Six-Month Partial Suspension

Bithumb received a preliminary notice from South Korean regulators on March 9 proposing sanctions over structural AML failures, unregistered overseas platform dealings, and suspicious transaction reporting gaps. What Regulators Actually Found The Financial Intelligence Unit’s investigation into Bithumb’s compliance with South Korea’s financial transaction reporting law identified three distinct categories of failure. source: https://www.ethnews.com/south-koreas-second-largest-crypto-exchange-is-facing-a-six-month-partial-suspension/