South Korean authorities have approved measures to block domestic access to 27 websites operated by unregistered crypto exchanges and other virtual asset service providers, including KuCoin, MEXC, Phemex and Bitrue.
In an announcement on Tuesday, South Korea’s Financial Intelligence Unit (FIU) said the decision followed reviews by the Korea Media and Communications Standards Commission on Oct. 6 and 7.
The list also includes CoinW, BTCC, BitMart, BingX, DigiFinex and others. The block applies to crypto platforms that have not registered under the Act on Reporting and Using Specified Financial Transaction Information, the country’s anti-money laundering legislation.
“With this decision, blocking measures against illegal virtual asset operators will also apply to internet websites, following apps such as those on Apple and Google,” the FIU said, according to a translation.
The measures involve terminating services hosted…
