2023.06.15
Regulations from Various Authorities Make Binance’s Entry into South Korea Uncertain
Binance, a leading cryptocurrency exchange, is currently facing regulatory challenges in various countries, which creates uncertainty regarding its entry into the Korean market. These regulatory obstacles could potentially impact Binance's plans to acquire the South Korean cryptocurrency exchange GOPAX. South Korean authorities are cautious about the manner in which Binance is pursuing the acquisition and aim to avoid appearing to take sides in the US-China dispute.
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