South Korea is imposing heavy sanctions on major crypto exchanges for KYC and AML violations, while Japan advances pro-crypto reforms to classify over 100 tokens as financial products by 2026, enhancing institutional adoption and regulatory clarity across Asia. South Korea’s Financial Intelligence Unit targets exchanges like Upbit for compliance failures, with fines up to billions […]
Source: https://en.coinotag.com/south-korea-targets-crypto-exchanges-for-breaches-as-japan-advances-bitcoin-reforms
