NEWS
2023.01.02
Binance Acquires Gopax—Challenging the Status Quo of the Korean Virtual Asset Market
Service area
Lawyer
A global cryptocurrency exchange Binance will enter the Korean market by acquiring Gopax, which is one of the five major exchanges in Korea. In February last year, it promoted a service that linked real-name accounts with Jeonbuk Bank. Regarding whether various derivative products handled by Binance will be traded on Gopax, partner attorney Ohoon Kwon predicted this to be unlikely based on domestic law.
URL: Binance Acquires Gopax—Challenging the Status Quo of the Korean Virtual Asset Market