Starting January 28, South Korea's Google Play is tightening its grip on crypto exchanges. Here's what's changing: any overseas crypto platform looking to stay listed or push app updates will need to complete FIU VASP registration—and that's just the first step. Simply filing won't cut it anymore. Google has made it crystal clear: platforms must provide concrete proof of FIU approval to maintain their presence on the platform. For exchanges operating in or serving the South Korean market, this marks a significant shift toward stricter compliance verification. No approval document, no listing update. The message is direct: regulatory acceptance is now a hard requirement, not a soft suggestion.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
FlashLoanPhantomvip
· 01-19 02:23
The king of卷 is here, Google’s move is ruthless... Korea's trading income obediently pays the sign of trade.
View OriginalReply0
ForkItAllvip
· 01-19 00:19
Wow, Korea is really going to do it. The FIU approval has become a hard requirement; without it, they'll be directly taken off the shelves.
View OriginalReply0
DuskSurfervip
· 01-18 14:53
It's starting to get strict again. Korea's combination of measures is indeed tough.
View OriginalReply0
FantasyGuardianvip
· 01-18 07:05
They're coming up with new rules again. South Korea has been firm since the 28th... You need to have all the FIU approval documents, otherwise you won't even be able to update the app.
View OriginalReply0
SelfStakingvip
· 01-16 09:48
It's a disaster, Google really isn't leaving any room for exchanges now.
View OriginalReply0
GateUser-beba108dvip
· 01-16 09:48
Google Korea is going crazy now, even wallets are requiring ID verification...
View OriginalReply0
CryptoWageSlavevip
· 01-16 09:29
Damn, Google Play is blocking again. Korean trading income must submit FIU proof; without the document, it's directly removed. Now it's really impossible to play...
View OriginalReply0
DefiOldTrickstervip
· 01-16 09:25
Haha, Korea is serious this time. A pile of documents won't help; you need official approval to operate. Now the exchanges will truly have to kneel down.
View OriginalReply0
ContractFreelancervip
· 01-16 09:23
Damn, Google is really ruthless this time. Don't even think about updating without getting the FIU approval.
View OriginalReply0
View More
  • Pin