South Korean authorities have authorized actions to obstruct residential accessibility to 27 websites run by unregistered crypto exchanges and various other digital property company, including KuCoin, MEXC, Phemex and Bitrue.
In an news on Tuesday, South Korea’s Financial Intelligence Unit (FIU) said the choice followed testimonials by the Korea Media and Communications Standards Payment on Oct. 6 and [********************************** ]
The listing also consists of CoinW, BTCC, BitMart, BingX, DigiFinex and others. The block applies to crypto systems that have not registered under the Act upon Coverage and Making Use Of Specified Financial Deal Information, the country’s anti-money laundering regulation.
“With this choice, obstructing measures against prohibited online property drivers will additionally relate to internet websites, following apps such as those on Apple and Google,” the FIU said, according to a translation.
The steps include terminating solutions hosted locally or obstructing access to websites run overseas.
The move complies with earlier constraints on mobile applications. Cointelegraph reported in April 2025 that South Korea had blocked downloads and updates for 14 non listed crypto exchange apps on Apple’s App Shop, following restrictions on 17 apps via Google Play.
The FIU stated authorities analyze whether abroad drivers target Korean customers by looking at whether systems use Korean-language services, market to South Oriental individuals or support deals in Korean won.
The FIU acknowledged the web site obstructs could complicate withdrawals for existing users. It claimed it intends to give withdrawal assistance and support via the Digital Possession eXchange Alliance, or DAXA, with cooperation from the drivers.
Related: South Korea crypto exchange revenues drop 78 % in H 1 amidst trading depression
