Google Play in South Korea Removes Apps from 29 Overseas Cryptocurrency Exchanges
Svmuu News: At least 29 overseas virtual asset exchange apps are currently unavailable for download and installation on the Google Play Store in South Korea. Since one of the main reasons South Korean users turn to overseas exchanges is to participate in derivatives trading—such as futures—this investigation is focusing primarily on derivatives platforms. Among them, 14 platforms were previously identified by the Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission as unreported virtual asset service providers (VASPs) and referred to investigative authorities, It is worth noting that while another 15 exchanges were not included on the FIU’s investigation list, their apps are also unavailable for installation on the South Korean Google Play Store. (Digital Asset)
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