$BTC CEO: KuCoin will return to South Korea after securing key markets

KuCoin plans to establish its compliance measures in major jurisdictions such as the United States and China before returning to South Korea.

The cryptocurrency exchange KuCoin said it could re-enter South Korea after its platform was blocked in the country.

On March 21, South Korean regulators ordered Google Play to block access to exchanges that did not meet the necessary requirements to operate in the country. On April 11, the Financial Services Commission of South Korea ordered Apple Store to block unregistered cryptocurrency exchanges.

KuCoin was one of those affected by the country’s crackdown on unregistered platforms that were previously available. Although the platform is no longer available to South Koreans, it has not completely abandoned the jurisdiction.

In an exclusive interview with Cointelegraph, KuCoin's newly appointed CEO, BC Wong, stated that the crypto exchange has plans to re-enter the country.