South Korea's Financial Intelligence Unit (FIU), which operates under the Financial Services Commission, has initiated sanction procedures against virtual asset exchange Korbit, Aju Business Daily rep...

South Korea's Financial Intelligence Unit (FIU), which operates under the Financial Services Commission, has initiated sanction procedures against virtual asset exchange Korbit, Aju Business Daily reported exclusively. According to industry sources on Dec. 22, Korbit confirmed it received a preliminary notice from the FIU on Dec. 18 regarding violations of its anti-money laundering obligations. This notice is the first step in the process, which will be followed by a roughly 10-day period for hearing opinions before the FIU's Sanctions Deliberation Committee makes a final decision on penalties, including potential fines.

South Korea's FIU initiates sanction process against Korbit

Original Odaily(@OdailyChina)
Author/ Wenser (@wenser2010)
As a "barometer" of the cryptocurrency market, Strategy&'s stock price has always been a major driver of market sentiment, with its performance closely linked to key factors such as cash flow stability and index position. Recent news indicates that from December 15th to 21st, Strategy& raised $748 million through the sale of common stock, increasing its cash reserves to $2.19 billion, and has suspended Bitcoin purchases; currently, the company holds...

Buy the dips or wait and see on MSTR? Three key questions you must know about Strategy

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This American earns $250 million a year through podcasts, and Luo Yonghao is learning from him.

Original article by Odaily Odaily
Author: Azuma
Leading lending protocol Aave is embroiled in controversy, with escalating tensions between the team and the community, which has objectively impacted the confidence of AAVE token holders.
Early this morning, a whale holding the second-largest AAVE position (excluding project owners, contract holders, and centralized exchanges) liquidated 230,000 AAVE tokens (worth approximately $38 million), causing AAVE to drop 12% in the short term. It is understood that this whale's AAVE holdings were acquired at the end of last year...