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.
- Resumed review may lead to Binance's re-entry into the South Korean crypto market.
- Possible 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.
Author's summary: Binance may return to South Korea by 2025.