Binance's Potential Return to South Korea
South Korea's Financial Intelligence Unit (FIU) has resumed its review of Binance's stake in Gopax, signaling a possible re-entry for the crypto giant under strict compliance rules.
After nearly two years of uncertainty, South Korea is moving closer to allowing Binance back into its crypto market.
- The FIU's review centers on an executive-change filing, which acts as a substitute for a direct ownership review.
- If cleared, Binance could regain full access to South Korean traders by late 2025, marking a critical milestone in its Asia strategy.
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.