Google delays its crypto app ban in South Korea, impacting VASP registration rules for exchanges.
Blockchain News

Google Crypto App Ban Delayed: Internal Issues Stall South Korea’s VASP Enforcement

Seoul, South Korea – March 2025: In a significant development for the Asian cryptocurrency market, Google has postponed its planned enforcement action against mobile applications from overseas digital asset exchanges operating in South Korea. The tech giant confirmed to industry publication Digital Asset that the implementation of a ban on apps from exchanges not registered […]

Smartphone showing unregistered crypto exchange apps like Binance on Google Play despite South Korea's FIU delisting plan.
Blockchain News

Unregistered Crypto Exchange Apps Defy South Korea’s Google Play Delisting Plan

Seoul, South Korea – February 2025: A significant regulatory gap has emerged as unregistered crypto exchange apps remain accessible on the Google Play Store, defying a planned enforcement action by South Korea’s Financial Intelligence Unit (FIU). Major offshore platforms, including Binance, Bybit, and Bitget, continue to be available for download and updates, raising critical questions […]

Google Play Store requiring VASP registration for cryptocurrency exchange apps in South Korea
Bitcoin News

Google’s Crucial VASP Registration Mandate Shakes South Korea’s Crypto Exchange Landscape

SEOUL, South Korea – January 15, 2025 – Google has implemented a pivotal policy shift that fundamentally alters the cryptocurrency landscape in South Korea. The technology giant now mandates that all cryptocurrency exchange applications provide documented proof of Virtual Asset Service Provider (VASP) registration with South Korea’s Financial Intelligence Unit (FIU) to maintain their presence […]

Google Play Store blocks unregistered cryptocurrency apps in South Korea due to new VASP regulations.
Bitcoin News

Critical Google Play Store Crypto Ban: South Korea Blocks Unregistered Apps from Jan. 28

SEOUL, South Korea – January 15, 2025 – The Google Play Store will implement a critical regulatory enforcement action against cryptocurrency applications in South Korea, potentially blocking downloads and updates for unregistered exchange and software wallet apps starting January 28. This decisive move mandates that all relevant apps must have submitted a Virtual Asset Service […]