đš BREAKING: South Korea has ordered blocks on 27 unregistered overseas crypto exchange websites, including KuCoin and MEXC. đ°đ·
Enforcement is getting stricter. Exchanges serving Korean users need ISMS certification and an FIU filing, and Korean-language sites or won payments can count as targeting locals. Violators face up to 5 years in prison or fines of up to 50 million won. âïž
Regulators are clearly prioritizing compliance over grey-zone access. đ
What do you think, will more countries follow South Korea's lead? đ€
Follow me for breaking crypto news đ
#BreakingNews #CryptoNews #Regulation
Enforcement is getting stricter. Exchanges serving Korean users need ISMS certification and an FIU filing, and Korean-language sites or won payments can count as targeting locals. Violators face up to 5 years in prison or fines of up to 50 million won. âïž
Regulators are clearly prioritizing compliance over grey-zone access. đ
What do you think, will more countries follow South Korea's lead? đ€
Follow me for breaking crypto news đ
#BreakingNews #CryptoNews #Regulation