Binance Bought Gopax? They’re Coming Back to South Korea-Maybe?

So, Binance, the giant of crypto, is apparently creeping back into South Korea by grabbing Gopax-like a cat sneaking into the pantry. They apparently bought a 67% stake, which is basically a takeover, but hey, who’s counting, right? 🤔

They haven’t officially announced it-probably because they’re waiting for the smoke to clear or for the regulators to finish their tea. The deal was supposed to happen earlier, but delays due to “regulatory discussions.” Yeah, because nothing says fun like waiting for paperwork to clear while the regulators are busy playing hard to get. 🕵️‍♂️

And those South Korean regulators? Oh, they’re the strict parents of crypto-a real watchdog society, all about AML, investor safety, and making sure no one’s laundering a dollar without them noticing. So, Binance’s sneak-in isn’t exactly a done deal, but you can almost hear the drumroll for the comeback tour. 🥁

Binance’s Grand Comeback Plan

With the SEC case finally dropped (cue confused applause) and a little handshake with the DOJ, Binance seems poised to make a South Korean encore. But, of course, no official word-gotta keep the suspense alive, right? 🧐

And CZ-he’s eyeing Southeast Asia like a hawk, probably dreaming of the next big thing. With South Korea’s high crypto adoption, talent, and startups, it’s like the perfect fish tank for a big fish to swim around in. Plus, they’re throwing money at Japan and China Renaissance, so it’s all about regional domination. Basically, they’re not here to blend in, they’re here to take over. 🎯

Read More

2025-10-16 14:41