Binance re-enters South Korea with GOPAX exchange
With new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.
With new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.
The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021.
The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.
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