Google Play to Ban Unregistered Overseas Crypto Exchanges in South Korea

Google Play to Ban Unregistered Overseas Crypto Exchanges in South Korea

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Google Play Store will soon enforce a new policy in South Korea, mandating that all cryptocurrency platforms register as Virtual Asset Service Providers (VASPs) with Korean authorities to distribute their applications in the region. This regulation primarily targets overseas crypto exchanges operating within South Korea.

Play Store will soon require all crypto platforms to register as a VASP with the Korean authorities to offer apps in the region.