KuCoin eyes South Korea reentry amid global regulatory challenges

KuCoin Exchange is planning a return to South Korea after being blocked due to regulatory noncompliance, according to Cointelegraph. CEO BC Wong said the exchange will first focus on meeting requirements in major regions like the U.S., EU and China. He suggested some regulators may be pushing out global players to favor domestic platforms. KuCoin's EU CEO also noted challenges with inconsistent application of crypto rules across European countries despite MiCA.