Google will remove unregistered overseas crypto exchange apps from the Korean market
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Google announced that starting from January 28, it will remove overseas cryptocurrency exchange apps that have not registered with local financial regulators from its app store in South Korea. According to Google’s updated “Cryptocurrency Exchanges and Software Wallets Policy,” developers are required to submit proof of registration as a virtual asset service provider with the Korea Financial Intelligence Unit; otherwise, their apps will not be searchable or downloadable from the Google Play Store in South Korea. This policy is expected to impact unregistered overseas exchange apps such as certain exchanges.
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