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Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
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South Korean financial regulators are probing abnormal foreign-exchange transactions at some of the country’s largest commercial banks for any links to money laundering or currency speculation using crypto assets, an official said.
Some of the transactions involved crypto exchanges, according to a senior Financial Supervisory Service official who asked not to be named due to the sensitivity of the investigation. The person didn’t identify the exchanges. Shinhan Bank is one of the lenders being probed, people with knowledge of the matter said.  


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