Binance Return to South Korea
South Korea's Financial Intelligence Unit (FIU) has resumed review of Binance's Gopax stake, 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 South Korea's crypto market.
- Possible full access to South Korean traders by late 2025.
South Korea is moving closer to allowing Binance back into its crypto market after nearly two years of uncertainty.
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.
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