Binance Return to South Korea
South Korea’s Financial Intelligence Unit (FIU) has resumed review of Binance’s Gopax stake, 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.
- Regulators evaluate key executive changes rather than shareholder applications for crypto firms under South Korean law.
- If cleared, Binance could regain full access to South Korean traders by late 2025.
No direct quotes available in the text.
Author's summary: Binance may re-enter South Korea's crypto market.