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.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Solana (SOL) whales have aggressively accumulated in the past week amid midterm bearish sentiment. According…
BitMine has bought the Ethereum (ETH) dip amid heightened fear of further capitulation. According to…
The bearish November start for Bitcoin (BTC) is not necessarily the end of the bull…
The global crypto market has dropped sharply to $3.5 trillion from $4.28 trillion, marking a…
Cycle scientist Lars Von Thienen says global liquidity, an important driver of asset prices, is…
Crypto markets are heating up again as XRP captures investor attention with forecasts pointing to…
