Notice on Deposit and Withdrawal Restrictions for Unregistered VASPs
Thank you for using the custody services of InfiniteBlock Co., Ltd.
As a licensed virtual asset custodian, InfiniteBlock complies with its obligations regarding Anti-Money Laundering (AML), Know Your Customer (KYC) and the Travel Rule under the Act on Reporting and Using Specified Financial Transaction Information (the "SFTIA") and its Enforcement Decree. Accordingly, we restrict the processing of virtual asset transfers (deposits and withdrawals) involving unregistered virtual asset service providers ("VASPs"). Details are provided below.
1. Overview
2. Key Points
Custodial Transfers
Pursuant to Article 10-20 of the SFTIA Enforcement Decree, InfiniteBlock restricts the processing of virtual asset transfers originating from or destined for unregistered VASPs.
Terms of Service
Where a deposit or withdrawal attempt involving a listed exchange is identified, InfiniteBlock may reject the transaction or restrict service usage in accordance with its Terms of Service.
Periodic Update
The list may be amended, expanded or reduced in line with designations issued by the Korea Financial Intelligence Unit (KoFIU), and any changes will be reflected in this notice.
3. Legal Basis
Under Article 8 of the SFTIA and Article 10-20 of its Enforcement Decree, a registered VASP is prohibited from conducting business-purpose transactions with unregistered VASPs.
Accordingly, InfiniteBlock is unable to process transfers of client assets held in custody to unregistered VASPs, or to receive virtual assets from unregistered VASPs into custodial accounts. Such transactions are restricted through automated or manual controls.
4. Restricted Exchanges (44 Entities in Total)
The exchanges listed below are virtual asset service providers that have not registered with the Korea Financial Intelligence Unit (KoFIU). Deposits to and withdrawals from these platforms are restricted for assets held in custody with InfiniteBlock. Four entities (Tapbit, Coinmy, Bigone and Yubit) were added on August 31, 2026.
| NO | Entity Name | Website (URL) |
|---|---|---|
| 01 | KuCoin | www.kucoin.com |
| 02 | MEXC | www.mexc.com |
| 03 | Phemex | www.phemex.com |
| 04 | XT.com | www.xt.com |
| 05 | Bitrue | www.bitrue.com |
| 06 | ZB.com | www.zb.com |
| 07 | Bitglobal | www.bitglobal.com |
| 08 | CoinW | www.coinw.com |
| 09 | CoinEX | www.coinex.com |
| 10 | AAX | www.aax.com |
| 11 | ZoomEX | www.zoomex.com |
| 12 | Poloniex | www.poloniex.com |
| 13 | BTCEX | www.btcex.com |
| 14 | BTCC (formerly BTC China) | www.btcc.com |
| 15 | DigiFinex | www.digifinex.com |
| 16 | Pionex | www.pionex.com |
| 17 | APPLE BIT | www.applebit.io |
| 18 | Blofin | www.blofin.com |
| 19 | Apex Pro | www.apex.exchange |
| 20 | CoinCatch | www.coincatch.com |
| 21 | DOEX | www.doex.com/v/ |
| 22 | WEEX | www.weex.com |
| 23 | BitMart | www.bitmart.com |
| 24 | KCEX | www.kcex.com/ko-KR |
| 25 | QXALX | www.qxalx.com |
| 26 | Coinness | www.coinness.com/exchange |
| 27 | DAWINKS | www.dawinks.com |
| 28 | BingX | www.bingx.com |
| 29 | P2B | p2pb2b.com/ko |
| 30 | Walbi | app.walbi.com |
| 31 | Nonkyc.io | nonkyc.io/downloads (APK distribution) |
| 32 | SUPEREX | www.superex.com |
| 33 | Bitproxy | www.bitproxy.kr |
| 34 | Coinsolution | www.coinsolution.co.kr |
| 35 | SVCoin | www.svcoin.kr |
| 36 | Sinbad Solution | www.bittalk.kr |
| 37 | Pulseflow | www.pulseflow.co.kr |
| 38 | Bitcoin Proxy | www.bitcoinproxy.co.kr |
| 39 | Pay Solution | www.paysolutions.co.kr |
| 40 | Xgram | t.me/xgramotc (Telegram channel) |
| 41 | TapbitNEW | www.tapbit.com/en |
| 42 | CoinmyNEW | www.coinmy.com/ko-kr |
| 43 | BigoneNEW | www.big.one/ko |
| 44 | YubitNEW | www.yubit.com/en-US |
* This list is subject to ongoing additions, deletions and amendments based on designations by the Korea Financial Intelligence Unit (KoFIU) and notifications from relevant authorities. Please refer to this notice for the most current list; the "Last Updated" date above will be revised whenever a change is made.
* August 31, 2026 : 4 entities added (NO. 41-44 — Tapbit, Coinmy, Bigone, Yubit)
* June 23, 2026 : 8 entities added (NO. 33-40 — Bitproxy, Coinsolution, SVCoin, Sinbad Solution, Pulseflow, Bitcoin Proxy, Pay Solution, Xgram)
* June 10, 2026 : 4 entities added (NO. 29-32 — P2B, Walbi, Nonkyc.io, SUPEREX)
5. Client Advisory
6. Contact
Thank you.
