South Korea is tightening the regulatory screws. 🇰🇷
The FIU is reportedly preparing major AML penalties for top exchanges — Bithumb, Coinone, Korbit, and GOPAX — after completing a year-long on-site inspection. This move comes right on the heels of UPbit’s heavy fine and temporary onboarding freeze.
Regulatory pressure is rising, and the Korean market is about to feel the impact.