Binance Exchange is at the tail end of selling up to 62% of its stake in Gopax, its South Korean entity to Megazone
In February 2023, Binance acquired a “meaningful” equity position in Gopax, aiming to re-establish its presence in the South Korean market.
Binance-linked Gopax Exchange has improved its financial standing, slashing losses as it recorded 97% Year-on-Year revenue boom
Binance CEO Richard Teng has reportedly made a secret trip to South Korea on behalf of its Gopax Exchange and national regulation
Binance Exchange has announced its plans to reduce its stake in the Gopax trading firm in order to adhere to regulatory demands
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