#FIU

Highlights: South Korea reported around 40 unregistered crypto platforms to investigators and warned users about serious financial risks. Illegal operators target users through YouTube, Telegram, and social media with promises of high returns and tips. Authorities warn that running an […]

Highlights: India’s FIU has asked major crypto exchanges to provide records of OTC crypto deals above $10,000. Regulators want exchanges to verify beneficial owners and funding sources behind large private crypto transactions. Companies and large investors may face stricter compliance […]

Highlights: South Korea’s FIU will meet crypto exchanges to discuss controversial new anti-money laundering rules. DAXA warns the new reporting rules could increase suspicious transaction reports by 85 times. Final crypto rule changes may be confirmed around July after public […]

Highlights: Indian tax teams warn that poor crypto tracking may reduce government revenue. FIU and the tax department share data to catch undeclared crypto income early. Crypto demand grows in India despite 30% tax and unclear long-term rules. India’s income […]

Highlights: India registers 49 crypto exchanges under FIU rules to monitor suspicious transactions. The FIU report shows crypto funds are used in gambling, fraud, and illegal websites. Authorities say exchanges must follow strict rules, audits, and reporting to maintain accountability. […]

Highlights: After more than two years of delays, Binance has completed the Gopax acquisition. The final obstacle was removed when executive changes were approved by South Korea’s FIU. Gopax will repay impacted users and resume operations with Binance support. Binance, […]

Highlights: FIU has resumed review of Binance’s Gopax acquisition after a two-year delay. Approval could allow Binance’s return to South Korea by the end of 2025. U.S. legal settlements improve Binance’s global compliance outlook. The review of Binance’s Gopax acquisition […]

Highlights: South Korea reports a surge in domestic crypto users and suspicious crypto transactions in 2025. The Asian nation’s virtual asset providers filed 36.6k suspicious deals, exceeding the combined 35.7K reported in the past two years. South Korea has also […]

Highlights: South Korea’s FIU is deliberating new sanctions for unregistered VASP operators. The financial regulator may block access to the unregistered crypto platforms. The FIU is investigating five exchanges for offering crypto services to South Koreans without VASP licenses. On […]

Highlights: Coinbase secures registration with the FIU allowing it to offer crypto services in India. The company plans to launch retail services in India by late 2025. India’s growing developer ecosystem is a major opportunity for Coinbase’s expansion. Coinbase, a […]

Highlights: Authorities in India have ordered an investigation into WazirX for fraud and security failures after the hack. Reports indicate WazirX failed to check user identities and may have helped fintech firms move money without records. WazirX users will vote […]

Highlights: Upbit cannot process crypto deposits and withdrawals for new users for three months due to violations. Authorities found that Upbit failed to verify customer identities and processed transactions with unregistered service providers. Upbit is making changes and is working […]