Bitcoin Price Surges Past $83.5K as Kucoin and MEXC Go Dark in Korea

Crypto Insight Summary: South Korea has ordered domestic access blocks on 27 unregistered offshore crypto exchange websites, including Kucoin, MEXC and BingX, extending an earlier ban on their mobile apps to the web. What Exactly Got Blocked? Korea’s Financial Intelligence Unit (FIU), the anti-money laundering arm of the Financial Services Commission, announced on Oct. 13 that the country’s […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: South Korean restrictions on offshore exchanges are localized and unlikely to impact global crypto prices significantly.