South Korea Intensifies Ban on Digital Asset Apps

According to BlockBeats, South Korea is increasing its efforts to block applications from digital asset companies serving its citizens. The Financial Services Commission (FSC) of South Korea announced that 14 cryptocurrency exchange platforms have been removed from the Apple App Store. The report, released on April 14, indicates that these platforms are suspected of operating as unregistered foreign virtual asset operators. Furthermore, the report states that the Financial Intelligence Unit (FIU) of South Korea will continue to push for the blocking of such operators' applications and websites to prevent money laundering and protect users from potential harm source: https://www.binance.com/en/square/post/22933516132121?utm_source=BinanceNewsRSS