South Korea

Binance Acquires Majority Shares of South Korean Crypto Exchange Gopax

On February 3, Binance announced its return to the South Korean market by acquiring a majority stake in Gopax, a cryptocurrency trading platform funded by Digital Currency Group. This marks the exchange’s re-emergence in this scene two years after initially leaving it.   Although the Details of the Purchase Are Not Clear, Binance Has Bought a “Significant” Stake in Gopax To fuel this deal, Binance committed one billion dollars to…