2026-01-16 12:20:59

Google Play Store's new mandate takes effect January 28th in South Korea, requiring all crypto applications to register as VASPs (Virtual Asset Service Providers) with local authorities. This regulatory shift will effectively lock out most overseas exchanges from Android devices in the market, since international firms face nearly insurmountable compliance obstacles to meet the registration standards. The policy marks a significant tightening of Korea's crypto app distribution landscape.

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MEVSandwich

· 01-19 05:44

Korea is causing trouble again, now overseas trading income is crying --- VASP registration is just... honestly, it's probably trying to push all foreign exchanges out --- After the 28th, there probably won't be many reliable exchanges on Android --- With such high compliance costs, small and medium exchanges can't really operate, and in the end, only a few top players will survive --- As expected, regulation is becoming more intense, retail investors have to go through a lot of trouble to find a VPN just to trade

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AirdropHunter007

· 01-18 18:22

This move by Korea is really brilliant, directly forcing overseas exchanges to be locked on Android.

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PhantomHunter

· 01-18 04:33

Korea is cracking down on exchanges again, this time really tough

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SnapshotDayLaborer

· 01-16 17:49

South Korea is really fierce this time, directly freezing overseas exchanges.

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AirdropHunterXM

· 01-16 12:51

Korea's move is clearly an attempt to drive away overseas exchanges. Local exchanges are laughing to death.

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Token_Sherpa

· 01-16 12:45

korea pulling the classic regulatory gatekeeping move... tbh saw this coming from miles away. VASP registration requirements are basically their way of saying "if you can't navigate our bureaucratic maze, you don't get shelf space" lol

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BlockchainTherapist

· 01-16 12:44

Korea is starting to play again, now changing the strategy for overseas trading income.

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ser_ngmi

· 01-16 12:44

Korea is back again, and this time overseas exchanges are really in trouble, with Android directly banning them.

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governance_lurker

· 01-16 12:28

Korea's move is ruthless; overseas exchanges are directly facing a dead end.