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UK Seizes £3.8Bn in Bitcoin as Korea Blocks KuCoin and MEXC

Original: Crypto Regulation: UK Lands £3.8Bn Bitcoin Seizure as Korea Blocks KuCoin and MEXC

UK authorities have secured one of the largest cryptocurrency seizures on record, taking control of Bitcoin worth around £3.8 billion, while South Korean regulators moved to block crypto exchanges KuCoin and MEXC from operating locally. The two actions, reported together, highlight a widening global crackdown in which governments in Europe and Asia are tightening enforcement against unregistered platforms and illicit digital-asset holdings.

Why now: Regulators in the UK and South Korea took high-profile enforcement actions against crypto assets and exchanges within the same news cycle.

United KingdomSouth KoreaKuCoinMEXCBitcoin

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Evidence

• Crypto Regulation: UK Lands £3.8Bn Bitcoin Seizure as Korea Blocks KuCoin and MEXC · Yahoo Finance

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