On April 15, PANews reported, according to Cointelegraph, that South Korea is expanding its ban on applications for digital asset companies serving its citizens. On April 11, the South Korean Financial Services Commission (FSC) announced that 14 cryptocurrency exchanges were blocked from the Apple App Store. Affected exchanges include KuCoin and MEXC. A report released on April 14 stated that the banned exchanges were accused of operating as unregistered overseas virtual asset operators. The report also noted that the Financial Intelligence Unit (FIU) will continue to push for the blocking of applications and websites of such operators to prevent money laundering and user harm.

After several unregistered exchanges were blocked from access in the Google Play Store on March 26, the Apple App Store also received requests to block applications. During the period when applications were blocked in the Google Play Store, KuCoin and MEXC were also affected. The FSC published a list of 22 unregistered platforms operating in the country, of which 17 have been blocked from the Google Play Store. According to the FSC report, users will be unable to download these applications from the Apple App Store, and existing users will also not be able to update these applications. The FSC pointed out that "unreported business activities are criminal offenses" that can lead to a maximum of five years in prison and a fine of up to 50 million won (35,200 USD).