South Korea
Odaily
Korea's FIU Seeks Access Blocks on Two Unregistered Crypto Exchanges; DAXA Refers Three More to Authorities
- South Korea's FIU asked authorities to block domestic (in-country) access to two virtual asset operators that had not completed the mandatory business registration/reporting required under Korean law.
- DAXA, the alliance of Korea's major crypto exchanges, handed over three virtual asset business operators to investigative authorities for further probe.
- The actions reflect continued regulatory crackdown on unregistered or non-compliant virtual asset service providers operating in or targeting the Korean market.