Regulators Blink — Binance Reclaims Korea With Gopax Deal
13 Articles
13 Articles
Binance Completes Acquisition of Gopax, Marking Return to South Korea
Binance, the world’s largest cryptocurrency exchange by trading volume, finalized its long-delayed acquisition of South Korean crypto platform Gopax, receiving key regulatory approval from the Financial Intelligence Unit (FIU). This move ends a regulatory standoff that began over two years ago and positions Binance for a full re-entry into the South Korean market, which it […] The post Binance Completes Acquisition of Gopax, Marking Return to So…

After Years Away, Binance Reclaims A Foothold In South Korea With Exchange Acquisition
Binance has formally returned to South Korea after regulators approved its takeover of local exchange Gopax, a move that ends a long period of uncertainty over the deal and clears the way for the global firm to operate in one of Asia’s biggest crypto markets. Binance Secures Regulatory Sign-Off Based on reports, South Korea’s Financial Intelligence Unit approved the change of major shareholder on October 15, 2025. The deal gives Binance control …
Binance Completes Long-Delayed Acquisition of Korea’s Gopax Exchange
Regulators Approve Binance’s Delayed Takeover Binance has completed its acquisition of South Korean cryptocurrency exchange Gopax, ending a two-year regulatory stalemate that had blocked the deal. Local outlet MK reported Wednesday that South Korea’s Financial Intelligence Unit (FIU) approved a change in Gopax’s key executives, finalizing the takeover that began in early 2023. Binance acquired a 67% stake in Gopax in February 2023, becoming its …
Binance Returns to South Korea with Major Gopax Acquisition
Binance, the largest cryptocurrency exchange in the world has confirmed the successful acquisition of Gopax and in doing so has made a strong re-entry into South Korea after years of regulatory fighting. This acquisition further demonstrates Binance’s ambition to expand its global footprint in the thriving digital asset space in Asia. The Binance Gopax acquisition not only reflects Binance’s renewed confidence in South Korea and its evolving cr…
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