South Korea's FIU Strengthens Cooperation to Block Access to Illegal Crypto Platforms on July 21

South Korea's Financial Intelligence Unit (FIU) announced on July 21 that it will strengthen cooperation with the Broadcasting Communications Deliberation Committee to block access to illegal overseas cryptocurrency platforms, according to an official statement released today.

The FIU stated it will work closely with investigative authorities to devise effective measures based on objective evidence, ensuring timely access blocking to illegal crypto asset operator websites. The agency emphasized collaboration to prevent money laundering risks and protect domestic users from unauthorized overseas crypto service providers.