<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/south-koreas-fiu-declared-fine-on-crypto-firm-delio/">South Korea’s FIU Declared Fine on Crypto Firm Delio!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>South Korea’s Financial Intelligence Unit (FIU) has imposed sanctions on local crypto firm Delio following violations of regulations. The FIU ordered Delio to halt operations for three months, pay a fine of 1.896 billion won (around $1.44 million), and terminate one executive. The regulator claimed that Delio conducted transactions with undeclared virtual asset service providers, failed to carry out a money laundering risk assessment before introducing new products and services, and ignored customer identification and other obligations.</p>

South Korea’s FIU Declared Fine on Crypto Firm Delio!

CoinPedia News

Andre artikler udgivet 1. sep. 2023

Crypto Market Analysis: Shiba Inu (SHIB) And Dogecoin (DOGE) On The Edge Of Bearish Channel Pattern

CleanSpark CEO Urges Biden to Embrace Bitcoin Mining in Open Letter

Bitcoin (BTC) September Move Foreshadowed by This Historical Trend

BlackRock Inc. (NYSE: BLK): Will BLK Stock Sustain at $700 Mark?

Aptos Blockchain to Unlock 24.8M APT Tokens on November 12, 2023

Technical Analyst Finds USDT Uniquely Vulnerable to Depegging Compared to Leading Stablecoins

Join our free newsletter for daily crypto updates!