Golden Finance reported that the Institute of Financial Intelligence Analysis (FIU), a subsidiary of the Korea Financial Services Commission (FSC), has taken enforcement actions against overseas cryptocurrency exchanges that provide services to South Korean users without registration, which is carried out in accordance with the "Specific Financial Transaction Information Reporting and Use Act". FIU is reportedly considering blocking website access as a main law enforcement measure, with target exchanges including BitMEX, KuCoin, CoinW, Bitunix and KCEX.