South Korea Blocks 27 Overseas Crypto Exchanges, KuCoin and MEXC Included

South Korea blocks 27 unregistered overseas crypto exchange websites, including KuCoin and MEXC, citing user protection and money laundering risks. South Korea is taking a stricter stance on unregistered overseas crypto exchanges. According to the latest reports, the authority has blocked access to 27 overseas exchange websites, including KuCoin , MEXC , and Phemex . The current move expands existing restrictions beyond mobile apps to websites, protecting users from fraud, money laundering, and security risks. The Financial Intelligence Unit (FIU) of South Korea has reportedly blocked access to 27 websites linked to unregistered overseas crypto exchanges.