Apple Delists 14 Crypto Apps in South Korea Including KuCoin and MEXC Exchanges Amid Regulatory Crackdown
Apple has delisted 14 crypto apps in South Korea at the request of one of the country’s regulators.
South Korea’s Financial Intelligence Unit (FIU), an anti-money laundering agency, issued the requests.
The regulator claims the banned apps involved foreign virtual asset operators conducting “unreported business activities.”
Apple’s list of blocked apps includes the crypto exchange giants KuCoin and MEXC. Last month, Google Play delisted both of those exchanges and 15 other crypto operators at the FIU’s request.
The regulatory crackdown materializes as crypto adoption swells across South Korea. The Seoul-based news agency Yonhap, citing data released by the South Korean government, reported that as of late…
