{"id":39107,"date":"2025-03-26T18:30:55","date_gmt":"2025-03-26T15:30:55","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=39107"},"modified":"2025-03-26T16:12:35","modified_gmt":"2025-03-26T13:12:35","slug":"google-play-blocks-access-to-17-unregistered-exchanges-in-south-korea","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/google-play-blocks-access-to-17-unregistered-exchanges-in-south-korea\/","title":{"rendered":"Google Play Blocks Access to 17 Unregistered Exchanges in South Korea"},"content":{"rendered":"<p><a href=\"https:\/\/coinengineer.net\/blog\/trump-orders-to-modernize-payment-systems\/\"><strong>Google Play<\/strong> <\/a>has restricted access to 17 unregistered overseas <strong>crypto exchanges<\/strong> for<strong> South Korean<\/strong> users. Which crypto exchanges have been restricted?<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/google-play-blocks-access-to-17-unregistered-exchanges-in-south-korea\/#Google_Play_Restricts_Access_to_17_Unregistered_Crypto_Exchanges_for_South_Korean_Users\" title=\"Google Play Restricts Access to 17 Unregistered Crypto Exchanges for South Korean Users\">Google Play Restricts Access to 17 Unregistered Crypto Exchanges for South Korean Users<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/google-play-blocks-access-to-17-unregistered-exchanges-in-south-korea\/#Google_Play_Restricts_Access_to_17_Unregistered_Exchanges\" title=\"Google Play Restricts Access to 17 Unregistered Exchanges\">Google Play Restricts Access to 17 Unregistered Exchanges<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/google-play-blocks-access-to-17-unregistered-exchanges-in-south-korea\/#South_Korean_Exchanges_Facing_Controversy\" title=\"South Korean Exchanges Facing Controversy\">South Korean Exchanges Facing Controversy<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"0\" data-end=\"91\"><span class=\"ez-toc-section\" id=\"Google_Play_Restricts_Access_to_17_Unregistered_Crypto_Exchanges_for_South_Korean_Users\"><\/span>Google Play Restricts Access to 17 Unregistered Crypto Exchanges for South Korean Users<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"93\" data-end=\"618\">Google Play has imposed access restrictions on 17 unregistered overseas crypto exchanges serving South Korean users. This action was taken at the request of the <strong data-start=\"254\" data-end=\"293\">Financial Services Commission (FSC)<\/strong> of South Korea. On <strong data-start=\"313\" data-end=\"325\">March 21<\/strong>, the <strong data-start=\"331\" data-end=\"368\">Financial Intelligence Unit (FIU)<\/strong> of the FSC announced that sanctions would be considered for exchange operators who had not notified the regulators. Following this, the FIU coordinated with the <strong data-start=\"530\" data-end=\"582\">Korea Communications Standards Commission (KCSC)<\/strong> to block access to these exchanges.<\/p>\n<p class=\"\" data-start=\"620\" data-end=\"869\">As of <strong data-start=\"626\" data-end=\"638\">March 26<\/strong>, the FSC announced that <strong data-start=\"663\" data-end=\"702\">17 out of 22 unregistered platforms<\/strong> had been blocked from the <strong data-start=\"729\" data-end=\"750\">Google Play Store<\/strong>. This restriction effectively limits user access by preventing new downloads and updates of the affected applications.<\/p>\n<h2 data-start=\"871\" data-end=\"932\"><span class=\"ez-toc-section\" id=\"Google_Play_Restricts_Access_to_17_Unregistered_Exchanges\"><\/span>Google Play Restricts Access to 17 Unregistered Exchanges<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"934\" data-end=\"1229\">The FSC confirmed that the <strong data-start=\"961\" data-end=\"977\">17 exchanges<\/strong> on the list are now restricted on the <strong data-start=\"1016\" data-end=\"1037\">Google Play Store<\/strong>, meaning users can no longer download or update their apps. The exchanges affected by this restriction include <strong data-start=\"1149\" data-end=\"1214\">KuCoin, MEXC, Phemex, XT.com, CoinEX, Poloniex, BTCC, BitMart<\/strong>, among others.<\/p>\n<p class=\"\" data-start=\"1231\" data-end=\"1570\">The FSC stated that this move would help prevent <strong data-start=\"1280\" data-end=\"1300\">money laundering<\/strong> and protect <strong data-start=\"1313\" data-end=\"1328\">local users<\/strong>. The FIU also coordinated with <strong data-start=\"1360\" data-end=\"1375\">Apple Korea<\/strong> and <strong data-start=\"1380\" data-end=\"1388\">KCSC<\/strong> to block access to the exchanges&#8217; websites and <strong data-start=\"1436\" data-end=\"1449\">App Store<\/strong>. <strong data-start=\"1451\" data-end=\"1461\">KuCoin<\/strong> has been following regulatory developments in <strong data-start=\"1508\" data-end=\"1523\">South Korea<\/strong> but has not provided information on its plans.<\/p>\n<h2 data-start=\"1572\" data-end=\"1617\"><span class=\"ez-toc-section\" id=\"South_Korean_Exchanges_Facing_Controversy\"><\/span>South Korean Exchanges Facing Controversy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"1619\" data-end=\"1986\">The actions taken by <strong data-start=\"1640\" data-end=\"1667\">South Korean regulators<\/strong> against unregistered exchanges are seen as part of increasing scrutiny on <strong data-start=\"1742\" data-end=\"1770\">crypto trading platforms<\/strong>. On <strong data-start=\"1775\" data-end=\"1787\">March 20<\/strong>, the <strong data-start=\"1793\" data-end=\"1840\">Seoul Southern District Prosecutors&#8217; Office<\/strong> raided the offices of <strong data-start=\"1863\" data-end=\"1874\">Bithumb<\/strong>. Prosecutors initiated an investigation into the alleged <strong data-start=\"1932\" data-end=\"1956\">financial misconduct<\/strong> of the exchange&#8217;s former CEO.<\/p>\n<p class=\"\" data-start=\"1988\" data-end=\"2345\">Prosecutors suspect that <strong data-start=\"2013\" data-end=\"2049\">Bithumb board member Kim Dae-sik<\/strong> used company funds to purchase a personal apartment. Additionally, a <strong data-start=\"2119\" data-end=\"2136\">Wu Blockchain<\/strong> report alleged that <strong data-start=\"2157\" data-end=\"2168\">Bithumb<\/strong> and <strong data-start=\"2173\" data-end=\"2182\">Upbit<\/strong> paid intermediaries for listing token projects. In response, <strong data-start=\"2244\" data-end=\"2253\">Upbit<\/strong> demanded the disclosure of the identities of the projects that allegedly paid for listings.<\/p>\n<hr \/>\n<p><em>Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong>,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube\u00a0<\/strong><\/a>and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google Play has restricted access to 17 unregistered overseas crypto exchanges for South Korean users. Which crypto exchanges have been restricted? Google Play Restricts Access to 17 Unregistered Crypto Exchanges for South Korean Users Google Play has imposed access restrictions on 17 unregistered overseas crypto exchanges serving South Korean users. This action was taken at<\/p>\n","protected":false},"author":29,"featured_media":39112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,2],"tags":[13561,13559,13560,1999],"class_list":["post-39107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchange-news","category-news","tag-financial-services-commission-fsc","tag-google-play","tag-google-play-unregistered","tag-south-korea"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Google Play Blocks Access to 17 Unregistered Exchanges in South Korea - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/google-play-blocks-access-to-17-unregistered-exchanges-in-south-korea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Google Play Blocks Access to 17 Unregistered Exchanges in South Korea - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Google Play has restricted access to 17 unregistered overseas crypto exchanges for South Korean users. 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