Odaily Planet Daily News OKX was fined 1.1 million euros (about 1.2 million U.S. dollars) by the Malta Financial Intelligence Analysis Authority (FIAU) this month for violating Malta's anti-money laundering regulations. The fine stems from an on-site compliance inspection in April 2023, and officials said that multiple violations were found, some of which were identified as "serious and systemic." FIAU said that the business risk assessment conducted by OKX failed to fully identify the money laundering risks that may arise from the products it provides. (Bloomberg)