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REGULATORY SANCTIONS

Crypto Lending Firm Delio Faces Regulatory Sanctions for Compliance Failures in South Korea
Regulatory Sanctions

Crypto Lending Firm Delio Faces Regulatory Sanctions for Compliance Failures in South Korea

South Korean crypto asset management firm Delio has been fined KRW 1.896 billion and suspended for three months by the Financial Services Commission's Financial Intelligence Unit due to non-compliance with financial transaction laws.