Crypto.com's entry into the Korean market has been delayed indefinitely due to regulatory issues. On Tuesday evening, the global cryptocurrency exchange announced that it was delaying its launch in Korea, which had initially been scheduled for April 29. The announcement followed the launch of an emergency on-site inspection by the Financial Intelligence Unit (FIU) on Crypto.com on the same day. The FIU, an agency responsible for monitoring unlawful financial activities under the Financial Services Commission, reported identifying suspicious elements in Crypto.com's anti-money laundering practices. It explained that ... (full story)