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South Korea Blocks Foreign Crypto Exchanges on Google Play Amid Regulatory Crackdown

  • South Korea is blocking foreign crypto exchanges on Google Play Store to protect its users and enforce crypto regulations.
  • Apps from exchanges like KuCoin, MEXC, and Poloniex are being blocked due to their unregistered operations in Korea.
  • South Korean authorities aim to prevent user damage and curb money laundering through virtual assets by restricting access to unregistered platforms.
  • This move is in line with South Korea's strong stance on crypto regulation and comes after similar actions taken in Japan and India.

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