Apple has blocked 14 cryptocurrency apps following a request from South Korea’s financial regulator, the Financial Services Commission (FSC). These apps, including those from crypto exchanges like KuCoin and MEXC, were deemed illegal as none were registered with the regulator, which is a legal requirement for operating in the country. The ban, effective after April ...
Apple has blocked access to 14 cryptocurrency apps at the request of South Korea’s financial services regulator. This includes popular exchanges operated by KuCoin and MEXC, which the regulator states were operating illegally because they hadn’t registered as required. Apple must prevent these apps from being installed or updated after April 11. The Financial Services ...
South Korea’s Financial Services Commission (FSC) is set to lift its ban on institutional cryptocurrency trading, allowing institutional investors to open trading accounts on local exchanges. Currently, only retail traders can trade, with banks advised to restrict accounts for institutional entities. This policy change aligns with President Yoon Suk-yeol’s aims to boost the crypto sector ...
South Korea’s Financial Services Commission (FSC) is set to potentially lift its ban on institutional cryptocurrency trading, allowing organizations to open accounts on local exchanges. Currently, only individual retail traders can participate in crypto trading, while institutions have been advised against account openings. This policy shift supports President Yoon Suk-yeol’s goals of boosting the cryptocurrency ...
