Korea FIU plans to impose a six-month partial suspension on a certain CEX

GateNews

2026-03-09 11:40:51

Gate News Report, March 9 — The Financial Intelligence Unit of South Korea (FIU) has announced a preliminary measure of a “6-month partial suspension” against a certain CEX for suspected violations of the Act on Reporting and Using Specified Financial Transaction Information, engaging in transactions with unreported overseas virtual asset service providers, and inadequate KYC procedures. The restriction mainly affects the withdrawal of virtual assets for new users; existing users’ KRW and crypto deposits, withdrawals, and trading are not affected.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments