Quick Breakdown Binance’s GOPAX acquisition likely to be approved by South Korea’s FIU Review resumed after U.S. legal issues with Binance were resolved Approval could mark Binance’s official return to the South Korean market Binance is reportedly close to finalizing its long-delayed acquisition of South Korean crypto exchange GOPAX, ...
Global crypto exchange Deepcoin has announced its successful integration with GOPAX, South Korea’s fifth-largest fiat-to-crypto exchange, a move finalized on June 23. This integration allows for compliant asset transfers between the two platforms, fully adhering to Korea’s Travel Rule framework. By leveraging the CODE solution, a Travel Rule Alliance initiative, ...
Binance is reportedly in the final stages of negotiations to sell a majority stake in South Korean exchange Gopax to local cloud service provider Megazone. According to a July 11 report by South Korea's Chosun Ilbo, the move is part of Binance's efforts to address governance concerns raised by local ...
Binance is facing allegations of selling Gopax user deposit claims in Genesis Global without creditor approval, as reported by South Korean news outlet Hankyung. Binance is now the largest shareholder of the South Korean exchange Gopax. Last year, Binance-backed Gopax reportedly sold user claims in Genesis Global for less than ...
