Binance Moves Closer to Reentering South Korea

Published by

Sohrab Khawas

October 14, 2025

South Korea’s Financial Intelligence Unit (FIU) has restarted its review of Binance’s 67% stake acquisition in local exchange Gopax after a two-year pause due to regulatory concerns. The FIU is currently examining Gopax’s executive change filing favorably, with approval likely by the end of 2025. This move could pave the way for Binance’s return to the Korean market following its 2021 exit amid U.S. legal issues. The recent resolution of Binance’s U.S. regulatory concerns has eased South Korean scrutiny.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news

October 14, 2025

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