South Korea blocks 27 crypto exchanges, including Bitmart and Kucoin

From the source

The country’s regulators are stepping up their earlier restrictions on mobile apps to websites, targeting unregistered exchanges before investors report losses. South Korea is blocking access to 27 unregistered crypto exchanges' websites, including KuCoin, BitMart, and MEXC, extending its crackdown on foreign trading platforms beyond just their mobile apps. The country’s Financial Intelligence Unit (FIU) announced Tuesday that the Korea Communications Standards Commission approved the restrictions following reviews on Oct. 6 and 7. Websites operated from overseas will be blocked, while those operating domestically face service termination, the FIU noted. The move closes another route for South Korean investors to access unregistered exchanges after authorities restricted access to their mobile apps on Google and Apple last year. Regulators can now seek website blocks as soon as they detect unregistered activity, without waiting for a court ruling or evidence that customers have lost…

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