GoPax Financial News

27.05 / 20:01

Binance GoPax Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses

Binance, the largest shareholder of the South Korean cryptocurrency exchange Gopax, sold the asset claims of Gopax victims at less than half their face value on May 27.

12.04 / 17:41

Binance GoPax Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition

Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023, as reported in the year-end financial statement released by its parent company, Streamy.

07.06 / 09:49

business Binance regulation SEC security Deal sec lawsuit GoPax SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea

The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance could damage the crypto exchange’s business opportunities in South Korea.

03.02 / 13:39

business Binance Bitcoin GoPax Binance re-enters South Korea with GOPAX exchange

Major cryptocurrency exchange Binance is coming back to South Korea with a new acquisition of the local crypto trading platform Gopax.

03.01 / 13:53

Provident FIVE Binance Deal GoPax Binance Reportedly Close to Sealing Deal for South Korean Exchange Gopax

Binance is allegedly close to sealing a deal to buy a majority stake in the South Korean crypto exchange Gopax – per multiple domestic media reports. Outlets are claiming that the deal has been agreed in principle. But they note that a few final remaining legal and procedural hurdles still need to be cleared before the deal can be made official.

17.11 / 14:05

Binance Digital Crypto Exchange services GoPax South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption

Crypto chaos is finally taking its toll on South Korean exchanges – with the crypto investment bank Genesis’ decision to pause redemptions and new loan offerings earlier this week disrupting services on the Gopax trading platform.

16.02 / 16:23

Adoption regulation banking GoPax ‘Optimism’ for South Korean Crypto Exchanges as Gopax Makes Banking Breakthrough

South Korean crypto observers are predicting a “tectonic change” in the crypto exchange sector after a fifth trading platform struck a banking deal that will allow it to resume crypto-to-fiat trading.

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