Summary: The Korea Financial Intelligence Unit announced a crackdown on illegal virtual asset service providers. Authorities named 16 crypto exchanges in a report on Thursday. KuCoin, Bitrue, and DigiFinex and believed to be among the exchanges in question. The websites operated by these exchanges could face a geoban soon as authorities move to protect investors. Regulators in South Korea have intensified efforts to oversee crypto activities since Terra crashed. Several crypto exchanges were flagged for unregistered operations in a report […]
