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South Korea Tightens Crypto Regulations with App Store Restrictions and Security Token Framework

South Korea Tightens Crypto Regulations with App Store Restrictions and Security Token Framework

Author:

Global Cryptocurrency

Published:

2026-01-16 20:08:02

11

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BTCCSquare news:

South Korea has implemented stringent measures to control digital asset access, requiring all crypto apps on Google Play to comply with local licensing rules. Unlicensed foreign platforms are now blocked, leaving only domestic exchanges operational. This move underscores the government's commitment to regulating the crypto market within traditional financial frameworks.

The Financial Services Commission is advancing a comprehensive security token system set for 2027 launch. The framework will govern tokenized equities, debt instruments, and derivatives under existing securities laws. Regulators aim to enhance transparency in issuance and trading while providing clear guidelines for compliant platforms.

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