Korbit Coinone

The exchange was fined simply over USD 4,000 by an administration watchdog for requesting a client who had endeavored to initiate a dormant account

Korbit-Crypto Exchange Fined for Excessive Customer Data Collection

Korbit, the South Korean crypto exchange, has been struck with a fine. For gathering inordinate individual information from somewhere around one of its clients. As per the news office Yonhap, the exchange was fined simply over USD 4,000 by an administration watchdog. For requesting a client who had endeavored to initiate

July 18, 2021 2 mins read

South Korea Plans to Begin Taxing Inherited or Gifted Crypto

South Korean Banking Regulations Threatens ‘Big 4’ Crypto Exchanges

AML and Banking regulations are a threat to the Big 4 crypto exchange. More than 100 smaller exchanges are expected to close. Due to AML protocol, Banks are unhappy. Anti-money laundering(Aml) and banking regulations newly imposed by South Korea, causing tensions that have even left the big four domestic crypto

May 4, 2021 2 mins read