The post South Korea Cracks Down on Crypto: KuCoin, BitMEX, and Others Face Sanctions appeared first on Coinpedia Fintech News
South Korea is tightening its grip on the crypto industry, and this time, foreign exchanges like KuCoin and BitMEX are in trouble. The country’s Financial Intelligence Unit (FIU) has identified multiple crypto platforms operating illegally without proper registration. These exchanges have been offering services to South Korean investors—providing Korean-language websites, marketing, and customer support—without complying …