South Korea blocks 27 unregistered exchanges, KuCoin and MEXC are on the list

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.South Korea's anti-money-laundering unit blocked access to 27 websites of unregistered foreign exchanges on October 13, 2026, KuCoin, MEXC and BingX among them. In Germany the grandfathering for legacy providers lapsed back on December 31, 2025, and at KuCoin a granted EU licence stands against an order that still prohibits the commencement of business.South Korea's financial supervisor blocked access to 27 websites on October 13, 2026, through which unregistered foreign exchanges were serving customers in the country. KuCoin, MEXC and BingX are on the list, along with Phemex, XT.com, Bitrue, CoinW, BTCC, BitMart and DigiFinex. For investors in Germany the case is no distant administrative matter: several of those venues hold no workable licence in the European Union either, and in Germany the grandfathering for legacy providers lapsed back on December 31, 2025. The block does not affect crypto trading in the country, but access to providers that never completed South Korean reg...