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Cryptocurrency Transfers Between Exchanges in Korea, Cambodia Skyrocket

Crypto flows between Cambodia’s Huione Guarantee and South Korea’s biggest crypto exchanges soared nearly 1,400-fold in 2024, drawing sharp scrutiny from lawmakers and regulators concerned about possible links to organized crime in Southeast Asia.

As more regulatory authorities around the world tighten their oversight over crypto transactions, legitimate actors like Cantor Equity Partners Inc. (NASDAQ: CEP) will be better positioned to attract…

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