Xin Lang Cai Jing·2026-01-16 04:40Core Viewpoint - Starting January 28, South Korea's Google Play will implement new regulations requiring overseas virtual asset exchanges to complete VASP declaration to the Financial Intelligence Unit (FIU) and obtain an "acceptance" certificate, or they will be unable to list or update applications in South Korea [1] Group 1 - Major overseas exchanges, including Binance and OKX, are expected to face challenges in continuing to provide download and update services in South Korea due to the new requirements [1] - The process to obtain the acceptance certificate involves establishing a local entity in South Korea, passing ISMS certification, and undergoing strict scrutiny [1] - The inability to meet these requirements poses a risk of actual service disruption for users in South Korea [1]