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 may allow Binance back into its crypto market under strict compliance rules.
- The review process involves 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.
Regulators evaluate key executive changes rather than shareholder applications for crypto firms under South Korean law.
Binance’s potential return marks a critical milestone in its Asia strategy.
Author summary: Binance may return to South Korea by 2025.