South Korea Tightens Crypto Access as Google Play Blocks Unregistered Exchanges
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 tokenized securities.
The National Assembly passed amendments to the Capital Markets Act and the Electronic Securities Act on Thursday, institutionalizing tokenized securities across debt, equity, and investment contract products.
The framework defines security token offerings as securities under the Capital Markets Act “whose issuance and…
