South Korea’s financial regulator has ordered domestic internet providers to cut off access to 27 cryptocurrency exchange websites operated by unregistered overseas platforms, widening a crackdown that previously focused on mobile app stores. KuCoin, MEXC, BingX, Phemex and BitMart are among the platforms named in the October 13 decision.

The Financial Intelligence Unit, which operates under the Financial Services Commission, said the Korea Communications Standards Commission approved the restrictions after two rounds of review on October 6 and 7. Websites hosted outside South Korea will face domestic access blocks, while any platform running on domestic servers or operated by entities inside the country will be shut down entirely.

The…