Google Play Store Boots Unregistered Exchanges in South Korea
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- Google Play Store blocks 17 unregistered VASP apps, including KuCoin and MEXC, in South Korea.
- South Korea’s increased crypto regulation aims to ensure compliance with AML and KYC laws.
- The ban on unregistered VASPs may limit access and push users to other regions with fewer regulations.
Google Play Store in South Korea has blocked 17 foreign Virtual Asset Service Providers (VASPs) apps, including those of KuCoin and MEXC, from being accessible to users within the country.
This action comes as a consequence of these exchanges failing to register with the Financial Intelligence Unit (FIU), which is a branch of South Korea’s Financial Services Commission (FSC), as mandated by local law.
Related: South Korea to Release Institutional Crypto Investment Guidelines in Q3 2025
Why Has Google Play Blocked Thes…
The post Google Play Store Boots Unregistered Exchanges in South Korea appeared first on Coin Edition.
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