16/01/2026
Big shake-up for crypto apps in South Korea. ๐
Starting January 28, 2026, Google Play will stop listing or updating overseas cryptocurrency exchange and wallet apps in South Koreaโs Android app store.
To stay present, apps must be registered with the FIU as a Virtual Asset Service Provider and pass AML/KYC, ISMS certification, and often set up a local entity.
Only about 27 local exchanges have cleared these hoops; major global players like Binance, Bybit, and OKX still havenโt, so their apps could disappear for Korean users when the deadline hits as part of Koreaโs broader crackdown on crypto platforms. ๐จ
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Google Play plans to ban overseas crypto exchanges from its South Korea store, impacting foreign platforms and local crypto regulations.