Apple Bans 14 Crypto Apps in South Korea

Apple has taken action against unregistered crypto apps, blocking access to 14 platforms in South Korea. This move comes as part of the nation’s ongoing effort to tighten regulations on the cryptocurrency industry and enhance security against illicit activities. The Financial Intelligence Unit (FIU) urged this action, leading to the removal of these unauthorized apps from the App Store. Users will now face difficulties accessing familiar names like KuCoin and MEXC. .