Planet Daily News: OKX was fined 1.1 million euros (approximately 1.2 million USD) by the Financial Intelligence Analysis Unit (FIAU) in Malta this month for violating anti-money laundering regulations at its local subsidiary. The fine originated from an on-site compliance inspection in April 2023, with officials stating that multiple violations were discovered, some of which were deemed "serious and systemic". The FIAU noted that OKX's business risk assessment failed to adequately identify potential money laundering risks associated with its products. (Bloomberg)