ETtech Explainer: Apple takes down some foreign crypto apps in India. What does it mean?

Apple took down mobile applications of foreign cryptocurrency exchanges such as Bitcoin, KuCoin, Bitfinex and HTX, among others from its App Store upon request from the government. This comes weeks after India’s Financial Intelligence Unit (FIU-Ind) issued show cause notices to these firms regarding non-compliance with anti-money laundering laws.

Apple may have axed these apps, but they are still available on Google Play Store and their websites are also accessible. Those who have these apps installed on their Apple devices can also use them.