Google will remove unregistered overseas cryptocurrency exchange apps from its South Korean app store starting January 28.

PANews reported on January 16th that, according to Alphabiz, Google announced it will take strict measures in South Korea starting January 28th to remove overseas cryptocurrency exchange apps that are not registered with local financial regulators. According to Google's updated "Cryptocurrency Exchanges and Software Wallets Policy," developers targeting the South Korean market must submit proof of their registration as a virtual asset service provider with a financial intelligence agency. This is a mandatory removal standard; apps that do not meet the requirements will be unavailable for search or download on the South Korean Google Play Store. This move is expected to directly impact overseas exchanges widely used by South Korean investors, such as KuCoin and MEXC, which are not officially registered.