Altcoins
Binance re-enters S. Korea through GOPAX equity purchase: report
Binance has returned to South Korea after a two-year break by acquiring a majority stake in the local cryptocurrency exchange GOPAX, Bloomberg reported Friday.
Dylan Butts
Lens
Gopax
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Altcoins
Binance declines comment on speculation it may buy South Korean crypto exchange GOPAX
Binance declined to comment on reports in local media that it is in late stage talks to acquire South Korean digital asset exchange GOPAX.
Danny Park
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Investment Insights
Genesis jitters keep investors on edge as contagion risks grow
Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.
Forkast.News
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DeFi News
FTX contagion in S.Korea: GOPAX halts Genesis-backed DeFi
S.Korean crypto exchange GOPAX halted withdrawal of principal and interest payments in its DeFi service which brokers products from Genesis.
Danny Park
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Advanced Blockchain Technologies
Blockchain will be YouTube for finance, says CEO of South Korean blockchain firm Streami
The use of blockchain technology in finance will have an impact similar to that of YouTube on the media industry, said Lee Jun-haeng, CEO of South Korea-based blockchain company Streami.
Danny Park
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Regulation
South Korea approves fifth cash-to-crypto exchange
South Korea’s Financial Intelligence Unit (FIU) Thursday said it approved GOPAX as the country’s fifth digital asset exchange to provide cash-to-crypto services. See related article: South Korea’s crypto crackdown: What you need to know Fast facts Cash-to-crypto services on GOPAX starts Apr. 28. Last September, South Korea mandated strict licensing requirements for crypto exchanges to […]
Danny Park
