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Crypto & Bitcoin

South Korea Blocks 27 Unregistered Crypto Exchanges — What Changes for Traders

Reported by Ogwu Emmanuel, Blockchain Reporter

Image: Blockchain Reporter

South Korea’s financial intelligence unit said on October 13 that the country’s communications regulator has approved blocking domestic access to 27 websites run by unregistered virtual-asset service providers, extending an enforcement push that already reached mobile app stores to the open web. The decision raises an immediate question for Korean traders and the exchanges named: what changes now? In its announcement , the Financial Intelligence Unit, or FIU, said the Korea Communications Standards Commission approved the blocks after two rounds of review on October 6 and 7.

This is an excerpt. The reporting belongs to Blockchain Reporter.

Read the full report on blockchainreporter.net
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