South Korean financial authorities: Block the websites of 27 unreported virtual asset operators such as KuCoin and MEXC

According to South Korean media etoday, the Financial Intelligence Unit (FIU) of the Financial Services Commission of South Korea stated that the Korea Communications Commission has decided to implement domestic access blocking or termination measures against 27 virtual asset operators' websites, including KuCoin, MEXC, BingX, Phemex, XT.com, Bitrue, CoinW, Poloniex, BTCC, and BitMart, which have not reported in accordance with the law.

This initiative expands the scope of restrictions on unreported operators from mobile application markets to internet web pages.