The move by the South Korean authorities aims to regulate the cryptocurrency market, targeting unregistered exchanges that have been operating in the country without proper licenses. The restrictions are likely to impact customers who have assets stored on these platforms, with authorities acknowledging that withdrawals may be difficult for some users.

Source
"South Korea Blocks 27 Crypto Websites, Including KuCoin and MEXC" — Cointelegraph

This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.