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Apple has removed a number of cryptocurrency apps from the regional App Store servicing India, weeks after a financial regulator declared they were operating illegally.
Representations of cryptocurrencies
Representations of cryptocurrencies
On December 28, India’s Financial Intelligence Unit declared that nine crypto exchanges were not complying with anti-laundering laws, resulting in a request to the IT Ministry to block the websites in the country. Less than two weeks later, Apple withdrew apps for the offending services.
The request affects nine services in total, reports TechCrunch, including Binance, Kraken, Huobi, Gate.io, Bittrex, and Bitfinex, as well as OKX. Bitstamp, named in the FIU’s list, remains functional in the App Store at the time of publication.
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Apple removes nine cryptocurrency apps from India App Store
