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Google Play blocks access to 17 unregistered exchanges in South Korea

Summary by Cointelegraph

Google Play implemented access restrictions to 17 unregistered overseas crypto exchanges catering to local users in South Korea at the request of the country’s regulators. On March 21, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission (FSC) said it was considering sanctions against operators that did not report to the relevant authorities. Authorities require virtual asset service providers (VASPs) to report…

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Regulation Asia

Korea Blocks 17 Unregistered Crypto Exchanges on Google Play

KoFIU requested that 17 VASPs be blocked on Google Play as they don't have a domestic registration as required under Korean law. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below to…

4 days ago

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NDTV Gadgets 360

Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea

South Korea is reviewing the legal status of crypto businesses to ensure only approved firms engage with investors. This week, Google Play, following a regulatory directive, blocked 17 foreign crypto exchanges, including KuCoin, from being installed on Android devices in the country. Existing users will no longer receive app updates. Meanwhile, the Financial Intelligence Unit (FIU) is in discussions with Apple to remove unregistered crypto busin…

5 days ago

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ihodl.com is an illustrated edition about cryptocurrencies and financial markets.

South Korean Regulator Restricts Access to Several Foreign Exchanges

South Korean Regulator Restricts Access to Several Foreign Exchanges South Korean regulators have banned the apps of Poloniex, KuCoin, MEXC, and others.

5 days ago

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Crypto News Flash

Crypto News: Google Takes Action—17 Crypto Exchange Apps Banned in Korea

South Korea tightens crypto regulations as Google blocks 17 unregistered exchange apps, restricting traders’ access. Bitcoin gains momentum amid heightened South Korean regulations, signaling a shift toward compliance-driven markets. In a major regulatory move, Google has blocked 17 unregistered crypto exchange apps in South Korea at the request of the country’s Financial Intelligence Unit (FIU). This action reinforces South Korea’s strict stanc…

5 days ago

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Fintech Singapore

Thai SEC Files Criminal Complaint Against OKX, Nine Others for Unlicensed Exchange - Fintech Singapore

Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against Aux Cayes Fintech Co. Ltd., the operator of the OKX digital asset exchange platform in Thailand, and nine individuals for allegedly running a digital asset exchange without the required license. The complaint, filed with the Economic Crime Suppression Division (ECD), follows a referral and further investigation by the SEC. The regulator found that on 15 Oc…

5 days ago

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https://www.cryptela.com

South Korea Takes Firm Action Against Unlicensed Cryptocurre

South Korea banned access to unlicensed cryptocurrency platforms to enhance financial regulations. Google has halted access to 17 identified platforms at the FIU's request. Continue Reading:South Korea Takes Firm Action Against Unlicensed Cryptocurrency Platforms The post South Korea Takes Firm...

5 days ago

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