South Korea Blocks Unregistered Crypto Apps on Apple and Google Stores
South Korea has taken another firm step in its crackdown on unregistered crypto platforms, this time targeting apps available to Apple users.
The nation’s Financial Intelligence Unit (FIU), under the Financial Services Commission, recently ordered the removal of 14 crypto-related applications from the App Store.
These apps were reportedly operated by overseas crypto exchanges, including names like KuCoin and MEXC, that had not received the required local approval.
This move follows a similar enforcement effort in March, when the FIU worked with Google to remove 17 crypto apps from the Play Store for the same reason—lack of registration.
In South Korea, any virtual asset service provider (VASP) hoping to offer…
