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 under South Korean law.
South Korea is moving closer to allowing Binance back into its crypto market after nearly two years of uncertainty.
Author's summary: Binance may return to South Korea by 2025.