Crypto.com has postponed a planned launch in South Korea following a report by the local news outlet Segye Ilbo, which stated that the exchange platform was undergoing an “urgent on-site inspection” due to concerns over money laundering.
According to the report, South Korea’s Financial Intelligence Unit (FIU), which operates under the Financial Services Commission, found issues with the anti-money laundering data submitted by the exchange. This prompted the FIU to start an on-site inspection immediately.
“Crypto.com maintains the highest Anti-money Laundering (AML) standards in the industry. We will postpone our launch and take…
