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KuCoin, MEXC and 12 Crypto Exchanges' Apple Apps Blocked in South Korea

  • Apple blocked access to 14 crypto apps in South Korea on Monday at the request of regulators.
  • The Financial Services Commission requested the block because the exchanges were operating illegally.
  • Among the impacted exchanges are KuCoin and MEXC, along with twelve other unnamed companies.
  • The FSC stated Apple must not allow these apps to be installed or updated after April 11.
  • The FIU aims to prevent money laundering and protect users by blocking access to unreported platforms.
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Crypto Press broke the news in on Monday, April 14, 2025.
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