South Korea to Investigate KuCoin Alongside15 Crypto Exchanges for Unreported Operations

The South Korean Financial Services Commission (FSC) has put some cryptocurrency exchanges up for investigation under the claim that the concerned exchange companies are operating unlawfully in the country. Some Crypto Exchanges Violated FSC Rules On Thursday, the South Korean Federal Intelligence Unit (FIU) under the FSC reportedly notified investigative authorities that some cryptocurrency exchanges in the country are violating a section of the Specified Financial Information Act.