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