Asia Tightens Crypto Oversight: South Korea Blocks 27 Exchanges, Thailand Launches ETFs
- —South Korea moves to block 27 unregistered exchange websites, including KuCoin, MEXC, Phemex and Bitrue
- —Thailand permits Bitcoin and Ether ETFs on its main stock exchange, foreign crypto ETFs remain barred
- —Ledger halted reseller sales in Southeast Asia after $103.4M was stolen from 530 addresses via tampered devices
- —South Korea's FSC found cybersecurity gaps at 130 of 555 financial firms
Why it matters: Tighter Asian regulation curbs access to major exchanges and reshapes regional crypto demand.
Source: CryptoHamster