Regulatory Green Light: Binance’s Gopax Takeover Approved After US Settlement

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South Korean regulators have given Binance the approval it needed to formally take over local crypto exchange Gopax.

The Financial Intelligence Unit’s decision to approve new executive leadership at Gopax concludes a more than two-year review process, which was initially stalled over anti-money laundering concerns.

According to local media, this regulatory shift was heavily influenced by Binance’s recent $4.3 billion settlement with US authorities, which resolved charges from the Department of Justice and SEC.

With these major compliance disputes now settled, the path was cleared for Binance to complete its 67% stake acquisition, setting the stage for its official comeback to the South Korean market after a three-year absence.