South Korea has restarted the review process for Binance’s acquisition of Gopax, indicating a potential re-entry of Binance into the Korean market. The review comes after regulatory scrutiny in South Korea regarding cryptocurrency exchanges. Binance, a major player in the global cryptocurrency sector, has been seeking to expand its operations in various markets, including South Korea. The acquisition of Gopax could enhance Binance’s presence and service offerings in the region. This development marks a significant step for both Binance and the Korean cryptocurrency landscape, as the market continues to evolve amid regulatory challenges.
