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coinpedia 2023-09-01 09:46:54

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

The post South Korea’s FIU Declared Fine on Crypto Firm Delio! appeared first on Coinpedia Fintech News 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, …

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