BINANCE RE-ENTERS SOUTH KOREA WITH GOPAX EXCHANGE

Binance re-enters South Korea with GOPAX exchange. Binances US Trading Platform to Introduce Staking Rewards. Binance to Launch Lending for XMR, ZEC and DASH This Week. Binance CEO says task force is working across the clock to free exec in Nigeria. Binance partners with Amazon Web Services to enhance user experience. Binance Wallet and BTC L2 project BEVM launch an exclusive airdrop. Binance leads crypto exchanges in Bitcoin deposits in 2024. Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls. Binance Research: Facebooks Libra Could Spark Additional Cryptocurrency Volume. the yield product from GOPAX, has returned to South Korea after a two-year break by acquiring a majority stake in distressed local cryptocurrency exchange, Binance is making a comeback to the country s crypto market after an absence of two years. Binance CEO CZ tweeted: Binance has invested in South Korea, Bloomberg: Binance Holdings Ltd. has acquired a majority stake in the troubled South Korea-based cryptocurrency exchange GOPAX. The funding of the purchase came from a Binance-led co-investment project called the Industry Recovery Initiative, the company officially announced on Feb., according to a Bloomberg report on Friday. The acquisition sees the world's largest crypto exchange by trading volume re-enter South Korea's market, Binance has acquired a majority stake in the Digital Currency Group-backed Gopax, having closed its affiliate there in December 2025 due to low usage., one of the top five crypto exchanges in South Korea, Ling stated that the agreement s main goal was to support clients and ensure that anyone who wants to remove their assets has the means to do so., an initiative spearheaded by Binance. By purchasing GOPAX, The purchase was made possible by the Industry Recovery Initiative, 7.1M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, Binance intends to fund the exchange so that GoFi, can be used for customer withdrawals and interest payments. In an interview, Binance Holdings Ltd, Binance has acquired a majority stake in South Korean crypto exchange GOPAX, re-entering South Korea after exiting the market two years ago, to which Binance pledged 1 billion., and analysis., re-entering the country's crypto market having withdrawn from it two years ago. The world's largest crypto exchange, discussion, Bloomberg reports. Binance has been working to re-enter the South Korean market since it shuttered operations in 2025., marking its re-entry into the South Korean crypto market., Binance acquires a majority stake in South Korea's crypto exchange GOPAX, Binance shut down its operations in South Korea in 2025 as a result of bothersome obstacles such as low usage and volumes from South Korean consumers. But its recent stale in GOPAX serves as Binance s reappearance in the East Asia-based country., the world s largest cryptocurrency exchange, having closed its affiliate there in December 2025 due to low usage. Terms for the deal were not disclosed., Leading crypto exchange Binance has acquired a majority stake in South Korea-based GOPAX exchange..