Apple spoils 14 encryption apps in South Korea, including the exchange of cocoin and Mexc, amid an organizational campaign

Apple deleted 14 encryption applications in South Korea at the request of a country’s organizer.

South Korea Financial Intelligence Unit (FIU), which is the Anti -Money Laundering Agency, Release Requests.

The organizer claims that banned applications included operators of foreign virtual assets who run “unfounded business activities”.

The Apple List for banned applications includes Crypto Excination Kucoin and Mexc. Last month, Google Play woped each of these exchanges and 15 other operators at the FIU request.

The organizational campaign is fulfilled with swelling of encryption throughout South Korea. News Agency in Seoul Yonhap, noting the data issued by the South Korean government, I mentioned From late February this year, 16.29 million people have opened accounts on Upbit, Bithumb, Coinone, Korbit and GoPax, the best five local encryption exchange in the country. The country’s population is currently about 52 million.

According to what was reported, banks in South Korea were accelerating to partnership with encryption companies, as the country’s digital asset regulations have become less restricted.

In February, the South Korea Financial Services Committee Declare The country will launch a pilot program in the second half of 2025 that allows 3,500 entities a company to purchase coding for financial purposes. Corporate encryption transactions in the country have been banned since 2017.

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