29 overseas crypto exchange apps removed from Korea's Google Play Store

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Digital Asset News: As of July 24 (UTC+8), 29 overseas crypto exchange apps are no longer available on the Korean Google Play Store. The removal primarily impacts derivative trading platforms, which Korean users commonly use for futures trading. Fourteen of these platforms were identified by the FIU as unregistered VASPs, while apps from an additional fifteen platforms—not on the FIU list—were also removed. Crypto exchange news continues to underscore ongoing regulatory actions in the region.

According to ME News, on July 24 (UTC+8), at least 29 overseas virtual asset exchange apps are currently unavailable for download on the Google Play Store in South Korea. Since one of the primary reasons Korean users access overseas exchanges is to engage in derivative trading such as futures, this investigation focused particularly on derivative platforms. Among these, the Financial Intelligence Unit (FIU) of the Financial Services Commission of South Korea previously identified 14 platforms as unregistered Virtual Asset Service Providers (VASPs) and referred them for investigation. Notably, an additional 15 exchanges, though not listed by the FIU in its official investigation notice, are also inaccessible via the Google Play Store in South Korea. (Source: ODAILY)

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