Edaily reported that although regulations for unregistered virtual asset service providers are being strengthened, many overseas virtual asset exchanges are continuing to indirectly enter the domestic market through global platforms. According to industry sources on the 22nd, KCEX, an overseas virtual asset exchange that was caught for unregistered business activities in August last year, is currently still available for installation from domestic iOS-based app stores. While blocking measures by financial authorities and investigative agencies are being implemented, critics point out that the limitations of effective control are becoming apparent.
