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Morning Edition · Tuesday, October 13, 2026Published at 1:42 AM EDT · New York
South Korea Blocks 27 Offshore Crypto Exchange Websites, Including KuCoin and MEXC
Regulators referred 44 unregistered operators to investigators, while Jeonbuk Bank prepares what Bitcoin Magazine reports is the country's first bitcoin-backed loan product.
South Korea's Financial Intelligence Unit (FIU), part of the Financial Services Commission, ordered domestic access blocked to 27 websites run by unregistered overseas crypto exchanges. The list includes KuCoin, MEXC, Phemex, XT.com, Bitrue…
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Part of a tracked trend
States Pull Crypto Trading Onshore
Governments will keep channeling citizens' crypto demand into licensed domestic venues with identity, limits and blocking of offshore platforms, turning crypto trading into a supervised national market rather than a borderless one.
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