Binance Return to South Korea
South Korea is moving closer to allowing Binance back into its crypto market after nearly two years of uncertainty.
The Financial Intelligence Unit (FIU) has resumed its examination of Binance’s controlling stake in the domestic exchange Gopax.
- The process centres on an executive-change filing that acts as a substitute for a direct ownership review.
- If cleared, Binance could regain full access to South Korean traders by late 2025.
Under South Korean law, regulators evaluate key executive changes rather than shareholder applications for crypto firms.
This development marks a critical milestone in Binance's Asia strategy.
Author's summary: Binance may re-enter South Korea's crypto market.