In brief
- South Korea has passed legislation creating a legal framework for security token offerings under existing securities law.
- Meanwhile, Google Play will block unregistered overseas crypto apps from updates and downloads in the country starting January 28.
- The ban will have a practical blocking effect for most Korean Android users, Decrypt was told.
South Korea is tightening its grip on how crypto platforms reach users, using app stores as an enforcement lever as regulators sharpen the boundary between compliant digital finance and unregistered crypto activity.
The country has advanced legislation establishing a legal framework for security token offerings, creating a regulated pathway for blockchain-based issuance and trading of…
Jan 16 2026
