South Korean regulator delays Gopax acquisition due to Binance-SEC lawsuit

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The South Korean Financial Services Commission is monitoring the outcome of the SEC lawsuit against Binance.

Stay up to date on the most influential events and analysis happening across the digital asset ecosystem.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC lawsuit against Binance stalls Gopax acquisition deal in South KoreaBinance’s Gopax acquisition was not just about the crypto exchange’s re-entry into South Korea but also a revival of the troubled local crypto trading platform. .binance acquired a majority stake in Gopax in February, intending to reenter the South Korean crypto market after a two-year hiatus. The FSC has reportedly suspended Gopax’s executive change report filed on March 7, citing the recent SEC lawsuit.
Source: Cointelegraph - 🏆 562. / 51 Read more »