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Korea Financial Intelligence Unit orders blocking of 27 unregistered crypto exchange websites

BeInCrypto ·

  1. 1The Financial Intelligence Unit ordered the blocking of domestic access to 27 unregistered crypto exchange websites, including KuCoin, MEXC, Phemex, BingX, and BitMart.
  2. 2The Financial Intelligence Unit referred 44 unregistered operators to investigative authorities.
  3. 3Estimated fees paid by Korean investors to overseas exchanges in 2025 amount to $3.5 billion.

So what's the key point?

The government ordered the blocking of access to 27 unregistered overseas crypto exchanges. Operators have become subjects of investigation as fees paid by investors to overseas exchanges have reached $3.5 billion.

Source BeInCrypto · View original ↗

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