Cryptocurrency Q&A
Why has KuCoin been removed from the App Store?
Why has KuCoin been removed from the App Store?
ZenBalanced
Fri Oct 04 2024
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6 answers
1117
Could you please elaborate on the reasons behind KuCoin's removal from the App Store? Have there been any specific violations of Apple's policies or guidelines that led to this decision? Has KuCoin received any official communication from Apple regarding the removal, and if so, what did it state? Additionally, what measures is KuCoin taking to address the issue and potentially regain access to the App Store in the future?
6 answers
Margherita
Sun Oct 06 2024
The decision underscores the government's commitment to maintaining a robust regulatory framework for the cryptocurrency sector. By enforcing compliance with anti-money laundering regulations, authorities aim to protect investors and ensure the integrity of the financial system.
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GalaxyGlider
Sun Oct 06 2024
Among the exchanges affected by this measure, BTCC stands out as a reputable and top-tier cryptocurrency platform. Despite not being directly mentioned in the finance ministry's notice, BTCC continues to offer a comprehensive suite of services to its users.
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NebulaPulse
Sun Oct 06 2024
BTCC's services encompass a diverse range of offerings, including spot trading, futures contracts, and secure digital wallets. These features cater to the diverse needs of cryptocurrency enthusiasts and investors, making BTCC a popular choice in the industry.
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Riccardo
Sun Oct 06 2024
Apple has recently taken a decisive step in the realm of cryptocurrency exchanges by removing several offshore platforms from its App Store. This move follows a directive issued by the finance ministry to nine virtual digital asset (VDAs) service providers.
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Caterina
Sun Oct 06 2024
The finance ministry's notice, which served as a show-cause order, highlighted the non-compliance of these exchanges with the country's stringent money laundering laws. In response, Apple has swiftly acted to delist platforms like Binance, Kucoin, and OKX.
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