South Korea's Financial Intelligence Unit (FIU) is set to impose sanctions on several unregistered overseas cryptocurrency exchanges, including BitMEX, KuCoin, CoinW, Bitunix, and KCEX. The enforcement actions are aimed at platforms operating Korean-language sites without the necessary approval. Authorities are considering measures such as blocking access to these exchanges as part of their crackdown on illegal operations targeting Korean users. This initiative reflects a broader effort by South Korean financial authorities to regulate the cryptocurrency market and ensure compliance with local laws.