Binance Return to South Korea
South Korea’s Financial Intelligence Unit (FIU) has resumed review of Binance’s stake in Gopax, signaling a possible re-entry for the crypto giant.
The review process centers on an executive-change filing, which acts as a substitute for a direct ownership review.
- Binance may regain full access to South Korean traders by late 2025.
- This marks a critical milestone in its Asia strategy.
Regulators evaluate key executive changes rather than shareholder applications for crypto firms under South Korean law.
Author's summary: Binance nears return to South Korea's crypto market.