Gopax

Highlights: South Korea plans to limit major shareholders in crypto exchanges to address governance risks. Bithumb and Gopax may need ownership restructuring when the proposal passes. The Digital Asset Basic Act will also address stablecoins and crypto ETFs when passed. […]

Highlights: South Korea’s FIU has cracked down on major exchanges over failure to comply with the nation’s AML regulations. FIU officials have completed inspections on the implicated exchanges and will soon meet to decide on sanctions for defaulters. Trading platforms […]

Highlights: After more than two years of delays, Binance has completed the Gopax acquisition. The final obstacle was removed when executive changes were approved by South Korea’s FIU. Gopax will repay impacted users and resume operations with Binance support. Binance, […]

Highlights: FIU has resumed review of Binance’s Gopax acquisition after a two-year delay. Approval could allow Binance’s return to South Korea by the end of 2025. U.S. legal settlements improve Binance’s global compliance outlook. The review of Binance’s Gopax acquisition […]