South Korean crypto exchange Korbit has agreed to pay almost $2 million and received an official warning after authorities found extensive lapses in its anti-money laundering and customer verification controls. The enforcement action highlights growing regulatory scrutiny of local crypto platforms.
Local media say Mirae Asset Group is negotiating to acquire South Korean crypto exchange Korbit in a deal that could reach $100 million. The talks signal renewed institutional interest and potential consolidation in Korea's crypto market.