Gate News reports that on March 15, a certain South Korean CEX will undergo sanctions review on March 16. Due to its unreported transaction volume exceeding that of another South Korean CEX, the market generally expects fines against this exchange to exceed 35.2 billion Korean won, and some suspension periods may last longer than six months.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
China's Central Bank and Eight Departments Ban Virtual Currency Marketing Services
Gate News message, April 25 — China's central bank and seven other government departments jointly issued the Financial Products Online Marketing Management Measures, which will take effect on September 30, 2026. The regulation systematically oversees financial product online marketing activities and
GateNews1m ago
DOJ Drops Criminal Investigation Into Fed Chair Powell, Clearing Path for Crypto-Friendly Warsh's Confirmation
Gate News message, April 25 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, removing a key obstacle to Senate confirmation of Kevin Warsh as the incoming Fed chair. On Friday (April 24), U.S. Attorney for the District of Columbia
GateNews9m ago
US Sanctions Iran-Linked Crypto Wallets; Tether Freezes $344M USDT in Coordination with OFAC
Gate News message, April 25 — The U.S. Treasury Department sanctioned multiple cryptocurrency wallets linked to Iran on April 24 as part of efforts to increase economic pressure on the country amid an ongoing ceasefire. Treasury Secretary Scott Bessent said the government will "follow the money
GateNews1h ago
Clarity Act Faces May 2026 Deadline Amid Banking Lobby Pushback on Stablecoin Yield Ban
Gate News message, April 25 — The Clarity Act, a key U.S. crypto regulatory bill, faces mounting pressure as Senator Thom Tillis recommended delaying the Senate Banking Committee markup to May 2026, citing intense lobbying from the North Carolina Bankers Association (NCBA). The NCBA is pushing for a
GateNews1h ago
Brazil fully bans 27 prediction market platforms such as Polymarket and Kalshi: the largest prediction market ban in emerging markets
The Brazilian government announced a comprehensive ban on 27 prediction market platforms (including Polymarket and Kalshi) on April 24, 2026, citing that they had not obtained licenses and did not comply with the current gambling laws, and that connections were blocked from that day onward. The new law only allows fixed-odds betting based on the results of in-person sporting events; event-based prediction contracts remain illegal. The central bank also added that the regulatory threshold for derivative transactions had not been met. This move has been seen as the first major negative case in the expansion of emerging markets worldwide, and in the future it may affect regulatory and cross-border compliance negotiations in places such as India, Indonesia, and Turkey.
ChainNewsAbmedia2h ago
Brazil Bans Polymarket, Kalshi Citing Investor Protections
Brazil has enacted a sweeping ban on prediction markets and betting platforms, according to local media and government filings. The two leading prediction markets, Polymarket and Kalshi, were inaccessible to researchers in the country. Finance Minister Dario Durigan stated that approximately 28 plat
CryptoFrontier4h ago
