Korbit fined $1.9 million for anti money-laundering, customer verification breaches

admin December 31, 2025 Leave a Comment

The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae Asset.

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author: admin

Cryptocurrency slump erases 2025 financial gains and Trump-inspired optimism December 29, 2025
Last few months of the year have seen $1tn in value wiped from the market, despite all-time-high price of bitcoinAs 2025 comes to a close, Donald Trump’s favorable approach to cryptocurrency has not proven to be enough to sustain the industry’s gains, once the source of market-wide optimism and enthusiasm. The last few months of […]
Bitcoin’s buzz is gone. Investors chose real gold in 2025 | Nils Pratley December 23, 2025
Gold is up 70% while the cryptocurrency is down 6% after it failed to bounce back from a rapid October sell-offAnother week, another record high for the price of gold. And another blow to the bitcoin fan club’s hopeful thesis about owning “digital gold”. This year has been hard for the bitcoin brigade: while real […]
Why did Donald Trump Jr turn up in a tiny British enclave looking for money? December 19, 2025
Meetings in Gibraltar are the latest twist in worldwide campaign that is enriching the US president’s family One Friday in November, armed police blocked off the road that runs beside Gibraltar’s medieval city walls to clear the way for a convoy of blacked-out BMWs. The vehicles pulled up at the offices of Hassans, a law […]
Marshall Islands launches world’s first universal basic income scheme offering cryptocurrency December 17, 2025
Quarterly payments of $200 to be offered via stablecoin or traditional currency in a scheme designed to ease cost of living pressures in the Pacific nationThe Marshall Islands has introduced a national universal basic income (UBI) scheme that offers payments via cryptocurrency, alongside more traditional methods, which experts say is the first scheme of its […]
UK Treasury drawing up new rules to police cryptocurrency markets December 15, 2025
Rachel Reeves wants to protect consumers by bringing digital money and assets into the ‘regulatory perimeter’Cryptocurrencies will be regulated in a similar way to other financial products under legislation coming into force in 2027.The Treasury is drawing up rules that will require crypto companies to meet a set of standards overseen by the Financial Conduct […]

Leave a Reply Cancel reply

Gmail to Let Users Change Their Addresses While Keeping Data December 30, 2025
Under the shift, which Google said would eventually be rolled out to all users, old addresses would remain active. Messages and services would not be lost.
The Wirecutter Show: Tips for Using A.I. Smartly With Kevin Roose December 30, 2025
If you’ve ever wondered what chatbots are good for and how best to use them, this episode is for you.
Decoding the A.I.-Driven Tech Lingo From 2025 December 30, 2025
Here’s a cheat sheet for decoding this year’s A.I.-driven tech lingo, from RAG to superintelligence.
Louis V. Gerstner, Who Revived a Faltering IBM in the ’90s, Dies at 83 December 29, 2025
Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business toward consulting and services.
The New Billionaires of the A.I. Boom December 29, 2025
Just like past tech booms, the latest frenzy has produced a group of billionaires — at least on paper — from smaller start-ups.
Meet a U.S. Start-Up Trying to Break China’s Rare-Earth Monopoly December 29, 2025
Companies like Phoenix Tailings, which recently began producing metal in New Hampshire, are using new processing methods to compete with Chinese suppliers.
From A.I. to Chips, Big Tech Is Getting What It Wants From Trump December 28, 2025
The president has backed policies that allow the industry to grow unfettered. The mutually beneficial alliance is causing concern among some conservatives.
Twins’ Peaks: The Gilbertson Brothers Want to Rewrite Your Country’s Map December 28, 2025
Two brothers, both mechanical engineers, are climbing many of the world’s tall peaks to prove they have been measured incorrectly.
Before Electric Vehicles Became Political, There Was the Toyota Prius December 27, 2025
The political polarization of battery-powered cars may have started when Toyota released its first hybrid model 25 years ago.
Worn Down by Worry, Parents Look Longingly at Australia’s Social Media Ban December 27, 2025
After the country barred children under 16 from using social media, many parents have been asking whether similarly tough action is needed in their own countries.
A Wealth Tax Floated in California Has Billionaires Thinking of Leaving December 26, 2025
It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk.
Tesla Robotaxis Are Big on Wall St. but Lagging on Roads December 26, 2025
Shares of Tesla have hit new highs on optimism about the company’s self-driving taxis. But experts say Tesla is far behind Waymo, which has a big head start.
Where Is All the A.I.-Driven Scientific Progress? December 26, 2025
A tech C.E.O. explains why A.I. probably won’t cure diseases anytime soon. Hint: You still need humans.
How Well Does Apple’s Live Translation Work for Japanese? I Tested It in Tokyo. December 26, 2025
A non-Japanese-speaking first-time visitor used Apple’s new in-ear translation feature to connect with locals at bars, sushi classes and even a fire ritual.
They Seek to Curb Online Hate. The U.S. Accuses Them of Censorship. December 26, 2025
The Trump administration said five regulators and researchers who work to tackle disinformation and abuse on the internet had been barred from entering the United States.
Prominent Leaders Amplify Disinformation About Brown University Shooting December 25, 2025
Prominent business and government figures spread rumors about the attack on Brown University’s campus this month, reigniting questions about accountability in online discourse.
Trump Administration Downplays A.I. Risks, Ignoring Economists’ Concerns December 24, 2025
The administration has downplayed concerns — from mass job losses, to a potential financial bubble — as President Trump cheers soaring stock prices and faster growth.
Handy Phone Features Can Save You Holiday Time December 24, 2025
Try these useful shortcuts for sharing your Wi-Fi with guests, wrangling your to-do list or deciding what to do with family and friends.
Texas Age-Verification Law for App Stores Is Blocked, a Win for Apple and Google December 24, 2025
A preliminary injunction in federal court cited the First Amendment, handing a win to tech companies like Apple and Google.
U.S. Bars 5 European Tech Regulators and Researchers December 24, 2025
The Trump administration, citing “foreign censorship,” imposed travel bans on experts involved in monitoring major tech platforms.

Korbit fined $1.9 million for anti money-laundering, customer verification breaches

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a Reply Cancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories