🇰🇷 South Korea is set to impose strict sanctions on multiple cryptocurrency exchanges that violated anti-money laundering (AML) regulations, including Korbit, Gopax, Bithumb, and Coinone. 💰$BTC

After Dunamu (operator of Upbit) was fined 35.2 billion KRW and faced a three-month suspension for deposits and withdrawals of new customers, the FIU plans to apply similar measures to other exchanges. ⚖️$SOL $ZEC

Due to the large volume of pending cases, some sanctions may be delayed ⏳ and are expected to be enforced in the first half of next year, with fines potentially reaching tens of billions of KRW depending on the severity of violations. 💸

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