🚹 Google Blocks 17 Crypto Exchanges in South Korea! 🚹

đŸ”č Major platforms affected: KuCoin, MEXC, Phemex, Poloniex, and more

đŸ”č Users can’t install or update apps from the Google Play Store locally

đŸ”č Action taken at South Korea’s request due to regulatory non-compliance

📌 Why the Ban?

South Korea enforces strict Virtual Asset Service Provider (VASP) regulations, requiring exchanges to register with financial authorities. These 17 platforms failed to comply, leading to their restriction.

📉 Impact on Users:

🔾 Limited access to global crypto trading platforms

🔾 Potential shift to registered local exchanges

🔾 Risk of legal issues for those seeking workarounds (e.g., VPNs)

💡 What’s Next?

This move signals South Korea’s growing control over crypto markets, emphasizing compliance. Traders should stay informed about evolving regulations to avoid disruptions.

🔗 #CryptoBan #SouthKorea #KuCoin #MEXC #Phemex