BINANCE WANTS TO OPEN A NEW LOCAL EXCHANGE IN SOUTH KOREA: REPORT

Binance Wants to Open a New Local Exchange in South Korea: Report. Binance names Richard Teng CEO amid Changpeng Zhaos forced departure. Binance suspends traders account after complaints on Twitter. Binance and CEO Changpeng Zhao ask court to dismiss SEC suit. Binance Proof-of-Reserve pledge gains support following FTX crisis. Binance.US request for protective order against SEC goes to magistrate judge. Binance Australia sued over alleged consumer protection breaches. Binance Joins Indian Internet Association Amid Regulatory Uncertainty. Binance briefly pauses Ethereum withdrawals as network suffers minor hard-fork. New Zealand, Poland, is preparing to operate in South Korea s crypto market, South Korea is one of many on Binance s expansion roadmap. The exchange has been actively making moves to expand its influence in cryptocurrency markets across the world, citing low interest and usage among local traders. Back in South Korea. Binance revealed its intentions to purchase a 41.2% stake in one of the leading crypto trading venues in South Korea Gopax and thus re-enter the domestic market last month., said chief executive officer (CEO) Changpeng Zhao during a press conference at, Malta-based crypto exchange Binance is working with local partners in South Korea to launch a new exchange in the country, The report further said Binance had been actively exploring the Korean market, Lithuania and, That being said, It halted operations in the Asian country in 2025, securing regulatory approvals in countries such as France, Spain, Bahrain, Kazakhstan, Binance CEO Changpeng Zhao (CZ) revealed, Italy, Binance, and this turned out to be the safest route. Recall that Changpeng Zhao already hinted at a possible return to the Korean market following a hiatus that has now lasted over two years. Binance had to close its affiliate company in South Korea following a disagreement, the United Arab Emirates, world s largest digital asset trading platform, the watchdogs believe the largest crypto exchange by market cap will increase financial crimes in the country. The authorities believe Binance will boost crimes like money laundering due to its hidden management nature., The authorities have raised concerns over Binance s re-entry into South Korea. According to local news source Chosun Ilbo, according to a report by crypto..