South Korea fines Coinone $3.5M, orders partial business suspension: Reports

South Korea fines Coinone $3.5M, orders partial business suspension: Reports

4.71%BTC$74,433 4.62%XLM$0.1553 3.03%TRX$0.3204 0.07%XMR$347.54 1.43%DOGE$0.09351 2.45%BCH$434.60 2.04%ADA$0.2445 2.51%BNB$616.11 3.43%ETH$2,364 7.16%SOL$86 4.71%HYPE$44.63 6.89%XRP$1.36 2.99%USD Written by Stephen Katte,Staff WriterReviewed by Jesse Coghlan,Staff EditorSouth Korea fines Coinone $3.5M, orders partial business suspension: Reports54 minutes agoCoinone 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. South Korea’s third-largest cryptocurrency exchange, Coinone, is facing a fine and a partial business suspension over anti-money laundering lapses, according to multiple local media reports. South Korea's Financial Intelligence Unit (FIU) under the Financial Services Commission accused Coinone of failing to comply with anti-money laundering obligations, including

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