Apple blocks KuCoin, MEXC, and 14 other crypto exchanges in South Korea
KuCoin, along with MEXC and 12 other crypto exchanges, have been removed from Apple’s App Store in South Korea for operating without registration.
According to an April 14 report from South Korea’s Financial Services Commission, Apple began blocking access to the apps on April 11 following a request from the country’s Financial Intelligence Unit.
Due to the restrictions, new users will no longer be able to download the apps, while existing users won’t receive future updates. The blocked exchanges allegedly failed to register with local authorities but were still offering services to Korean users.
According to the Financial Intelligence Unit, these platforms were effectively conducting business in South…
