Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
**Court Suspends South Korean Regulator’s “Partial Business Suspension” Sanction Against Bithumb**
According to Yonhap News Agency, the Seoul Administrative Court accepted Bithumb's application for a stay of execution against the Korea Financial Intelligence Unit (FIU) on April 30, ruling to suspend the enforcement of a six-month “partial business suspension” sanction pending the final verdict of the case. Previously, the FIU accused Bithumb of violating the *Specific Financial Information Act*, citing approximately 6.65 million instances of non-compliance, including failure to fulfill customer identification obligations and engaging in transactions with unregistered crypto asset operators, for which it imposed a fine of 36.8 billion won. The sanction originally planned to restrict new users from transferring crypto assets to external addresses. Due to the latest court ruling, Bithumb will be able to continue its current business operations during the litigation period. (Yonhap)
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
What Is CRV? An Analysis of Its Functions, Recent Market Performance, and Future Influencing Factors
-
2
Analyst: SK Hynix ADRs' High Premium Reflects Strong Global Demand for AI Hardware Investment
-
3
New Trends in Cryptocurrency for 2025: Four Promising Coins and Market Outlook
-
4
Analysis of the Value of ETHO: Etho Protocol’s Positioning, Use Cases, and Market Performance
-
5
How do I buy and sell ROGin AI (ROG) tokens? Which cryptocurrency exchanges list them?
-
6
What Is SPACE Coin? An Analysis of the SPACE ID (ID) and Spacecoin (SPACE) Projects and Trading Platforms
-
7
What Is MTC (Monkey Treasure Coin)? Technical Highlights and Project Overview
-
8
Guide to Buying and Selling PROP Tokens: A List of Exchanges Where Props Token and Propbase Are Listed
-
9
OBT Token Value Analysis: The Positioning and Future Potential of the Orbiter Finance Token
-
10
An address linked to the U.S. government transferred 5,939 ETH to Coinbase Prime
Recommended Reading










