South Korea crypto app ban hits 29 exchanges - only OKX got back in
The South Korea crypto app ban claimed another brief casualty this week — and then gave one back. OKX’s Android app quietly disappeared from the Korean Google Play Store on July 24, only to reappear four days later on July 28, making it the first of the recently blocked overseas exchanges to recover access on the platform. The restoration, confirmed by Digital Asset at 8:00 a.m. local time, lets South Korean users once again install or update the OKX: Trade Bitcoin & Crypto app through Google Play.
Key takeaways
- OKX’s app returned to South Korea’s Google Play Store on July 28 after a four-day suspension that began July 24, becoming the first recently blocked exchange to regain access.
- Bybit’s app has remained blocked on the Korean Google Play Store since July 10, with no restoration reported at time of publication.
- At least 29 overseas crypto exchange apps were restricted on Korean Google Play as of July 24, reported by Digital Asset, due to unregistered VASP status.
- Google’s enforcement extends beyond South Korea’s Financial Intelligence Unit referral list — 15 exchanges, including OKX and Bybit, were blocked despite not being referred to law enforcement by the FIU.
- Users can still reach affected platforms via their websites or Apple’s App Store, which has not imposed equivalent restrictions.
OKX App Resumes Availability After Four-Day Suspension
OKX’s return is notable not just for what it restores, but for what it signals. Among the wave of overseas exchanges caught in Google’s tightening net, OKX is the only one to have bounced back — at least so far. The app’s disappearance was brief, but its return draws a sharp contrast with peers still waiting on the sidelines.
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