<ul><li>The Financial Intelligence Unit (FIU) of South Korea is taking enforcement action against several cryptocurrency exchanges, including KuCoin and BitMex, for operating without proper registration.</li><li>Authorities are considering sanctions such as blocking access to unregistered exchanges in collaboration with the Korea Communication Standards Commission (KCSC).</li><li>Other exchanges, including CoinW, Bitunix, and KCEX, are also accused of violating anti-money laundering (AML) and financial regulations.</li><li>South Korea's crackdown on unregistered crypto exchanges reflects the global trend of regulators imposing stricter rules and guidelines to maintain transparency and compliance.</li></ul>

South Korea Cracks Down On KuCoin And BitMex Among Other Crypto Exchanges

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