Crypto News Today : South Korea to Block 27 Illegal Crypto Websites

South Korea will block access to 27 crypto websites operated by unregistered virtual asset businesses. The Korea Communications Standards Commission approved the restrictions on October 6 and 7 following a request from the Financial Intelligence Unit (FIU). The move extends existing restrictions on mobile apps from Google and Apple to websites. Authorities aim to block illegal crypto services before users suffer financial losses. The FIU said unregistered crypto business activities are illegal under the country’s financial reporting law, even if authorities have not yet confirmed user losses. The FIU requested access restrictions on websites operated by unregistered crypto businesses.