South Korea's FIU refers three unregistered crypto firms for investigation
- —FIU referred EJS Ventures, TetherMax and SuperTrust for investigation
- —Access-blocking requested for TetherMax and SuperTrust in Korea
- —Operating without registration is a criminal offence under the Special Financial Information Act
- —Regulator urged users to verify whether a provider is registered
Why it matters: Korea is tightening enforcement against unlicensed crypto platforms, reducing risks for local investors and pressure on registered operators.
Source: Bloomingbit