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South Korea blocks 17 overseas crypto exchange apps in registration crackdown – TON BOT

South Korea blocks 17 overseas crypto exchange apps in registration crackdown

South Korea’s FIU has blocked access to 17 overseas crypto exchange apps on Google Play for not being properly registered. Major exchanges like KuCoin and Poloniex are affected. The crackdown aims to reduce money laundering risks. South Korean law requires all exchanges to register. The country has seen a sharp rise in crypto participation, with older investors joining the market.


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