Odaily Planet Daily reported that South Korean authorities have restarted their review of Binance's acquisition of local crypto exchange Gopax, after the process had been suspended for more than two years. This move is seen as an important signal for Binance's return to the South Korean market after its exit in 2021.

South Korea's Financial Intelligence Analysis Service (FIU) is currently evaluating Gopax's report on changes to its core management team and is positive about it, anticipating approval of the changes as early as the end of 2025. Under current South Korean law, there is no separate qualification review for major exchange shareholders, so this report is essentially considered an assessment of Binance's shareholder qualifications.

In March 2023, after Binance acquired 67% of Gopax's shares and became its largest shareholder, it submitted its first executive change report, but the approval was suspended by regulators due to anti-money laundering risk considerations. (The Block)