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

Picture: Blockchain Reporter

South Korea’s financial intelligence unit said on October 13 that the Korea Communications Standards Commission 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 (FIU) said the commission approved the blocks after two rounds of review on October 6 and 7.

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