South Korea Restricts Access to KuCoin, MEXC and 25 Other Crypto Platforms
South Korea’s Financial Intelligence Unit has sought restrictions on 27 foreign cryptocurrency exchange websites that allegedly continued operating without domestic registration.
The measure follows earlier restrictions on unregistered exchange apps through Google Play and Apple’s App Store.
Authorities say early access restrictions are intended to prevent consumer harm, while registered crypto businesses face penalties for transactions involving unregistered operators.
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