South Korea Blocks 27 Unregistered Overseas Exchange Websites
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AI-assisted source synthesis · not an independent investigation.
On October 6 and 7, 2026, the Korea Communications Standards Commission (KCSC) reviewed measures targeting unregistered overseas crypto trading platforms in two rounds and decided to block them. On October 13, the Korea Financial Intelligence Unit (FIU) announced that it would block the websites of 27 unregistered overseas crypto trading platforms and refer 44 unregistered operators for investigation. Subsequent reports listed platforms such as KuCoin, BitMart, and MEXC, stating that access to the relevant overseas platforms would be restricted and that domestic operators would terminate their services. Exchanges wishing to serve South Korean customers must register with the FIU and meet security and anti-money-laundering requirements; the FIU also warned that users of unauthorized platforms may have difficulty recovering their funds, and that it would assist affected users in withdrawing their assets in cooperation with DAXA.
AI-written from reports · updated 6 days ago
Timeline
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- CoinDeskSouth Korea blocks websites of 27 unregistered cryptocurrency exchanges, including KuCoin, BitMart and MEXC
South Korea’s Financial Intelligence Unit (FIU) announced restrictions on access to the websites of 27 unregistered cryptocurrency exchanges, including KuCoin, BitMart and MEXC. Overseas platforms will be blocked, while domestic operators will have their services terminated. Exchanges wishing to serve South Korean customers must register with the FIU and meet security and anti-money laundering (AML) requirements; the regulator warned that users of unauthorized platforms may have difficulty recovering their funds and will work with DAXA to help affected users withdraw their assets.
- CryptopolitanSouth Korea’s FIU announces the blocking of websites of 27 unregistered overseas crypto exchanges
The Korea Financial Intelligence Unit (FIU) announced the blocking of websites operated by 27 unregistered overseas crypto exchanges. The Korea Communications Standards Commission (KCSC) made the actual blocking decision after two rounds of deliberation on October 6 and 7, and referred 44 unregistered operators for investigation.
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