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Security Risks Rise as Google Play Tightens Restrictions on Unlicensed Cryptocurrency Exchange Apps

ID: c179807f-1e8f-5d85-a155-f7c436291011

STIX ID: report--c179807f-1e8f-5d85-a155-f7c436291011

Feed Name: ASEC

Date Published: 2026-01-14

Date Updated: 2026-04-26

Author: ATCP

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Google will block unlicensed overseas cryptocurrency exchange apps on Google Play in South Korea starting January 28, 2026, requiring developers to register with the Korea FIU; 27 VASPs are currently listed as registered. This change may leave users on outdated app versions without security patches and create opportunities for threat actors to distribute malicious lookalike apps and conduct smishing campaigns, underscoring the need to verify FIU-registered services.

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