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[BUSINESS] · South Korea · 2 sources

OKX crypto exchange returns to South Korean Google Play Store

After being removed from the South Korean Google Play Store on July 24, 2026 due to stricter rules for overseas virtual‑asset service providers, the OKX app was restored on July 28, ending a four‑day suspension. The removal stemmed from South Korea’s Financial Intelligence Unit tightening oversight and requiring foreign exchanges to meet local registration requirements, which Google enforced through its updated crypto‑app policy. While OKX regained visibility on the Android store, other foreign exchanges such as Bybit remain blocked, forcing users to access platforms via web browsers or alternative app stores. The episode underscores the regulatory challenges offshore crypto platforms face in South Korea, one of the world’s most active cryptocurrency markets, and highlights the balance between global crypto operations and local compliance demands.

Entities: Bybit · Google · OKX · South Korean Financial Intelligence Unit

Sources

about 20 hours ago