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.
After nearly two years of uncertainty, South Korea is moving closer to allowing Binance back into its crypto market under strict compliance rules.
- The review process centers on an executive-change filing, acting as a substitute for a direct ownership review.
- If cleared, Binance could regain full access to South Korean traders by late 2025, marking a critical milestone in its Asia strategy.
Under South Korean law, regulators evaluate key executive changes rather than shareholder applications for crypto firms.
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Author's summary: Binance may return to South Korea's crypto market.