Tag Archives: aml

Crypto Exchange Korbit Fined $1.90 Million By South Korean Regulators

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South Korea’s top money-laundering watchdog has slapped crypto exchange Korbit with a fine worth about ₩2.73 billion, or roughly $1.90 million, after finding widespread lapses in its compliance controls. According to regulator statements and multiple news reports, the move follows an on-site inspection that uncovered thousands of rule breaches and several risky transfers abroad. Regulatory… Continue reading Crypto Exchange Korbit Fined $1.90 Million By South Korean Regulators→

Ripple’s XRP Ledger Just Introduced A Pivotal Update In Its Quest For Dominance

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New updates have been made to Ripple’s XRP Ledger (XRPL) as the network looks to dominate and gain more traction. This is also a positive for XRP, which serves as the network’s bridge currency.  Ripple’s XRP Ledger Gets A New Update In an X post, XRP validator Vet revealed that the credentials amendment on the… Continue reading Ripple’s XRP Ledger Just Introduced A Pivotal Update In Its Quest For Dominance→

Dubai Sets Global Precedent As VARA Approves First Crypto Options License

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Dubai has officially cemented its position at the forefront of global crypto regulation. This bold regulatory step positions Dubai as a global trailblazer in shaping the future of institutional crypto markets and blending innovation with compliance. As jurisdictions around the world debate how to handle digital assets, Dubai is already laying the groundwork for the… Continue reading Dubai Sets Global Precedent As VARA Approves First Crypto Options License→