Stricter App Enforcement Meets Pro-Blockchain Regulation

[bonk]

Google’s move reflects enforcement of its global crypto app policy rather than a new mandate from South Korean regulators. Similar requirements already apply elsewhere, including the United States—where developers must register with Financial Crimes Enforcement Network—and the European Union, which requires licensed crypto-asset service providers.

The timing is notable, as South Korea is simultaneously advancing a more welcoming framework for blockchain in capital markets. The National Assembly recently approved amendments to securities laws allowing tokenized securities under existing regulations, signaling that while speculative crypto access may tighten, regulated blockchain-based finance is being actively embraced.

[chainsniff]

regulated onchain finance good, offshore casino apps bad — makes sense tbh