Bitcoin Price Surges Past $83.5K as Kucoin and MEXC Go Dark in Korea
South Korea has ordered domestic access blocks on 27 unregistered offshore crypto exchange websites, including Kucoin, MEXC and BingX, extending an earlier ban on their mobile apps to the web. What Exactly Got Blocked? Korea’s Financial Intelligence Unit (FIU), the anti-money laundering arm of the Financial Services Commission, announced on Oct. 13 that the country’s […]
Key Takeaways
- South Korea has ordered domestic access blocks on 27 unregistered offshore crypto exchange websites, including Kucoin, MEXC and BingX, extending an earlier ban on their mobile apps to the web.
- What Exactly Got Blocked?
- Korea’s Financial Intelligence Unit (FIU), the anti-money laundering arm of the Financial Services Commission, announced on Oct.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
South Korea clears way for courts to seize and sell Bitcoin for unpaid debts under new November rules
The October 12 amendment standardizes court-led debt recovery, with separate procedures for exchange claims and directly held crypto. The post South Korea clears way for courts to seize and sell Bitcoin for unpaid debts under new November rules appeared first…
UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.
Chinese fraud victims lose key court battle over 61,000 Bitcoin
Chinese fraud victims seeking to recover 61,000 seized Bitcoin face a legal setback after a UK court ruled that Chinese law governs their claims.