[Binance Completes Acquisition of South Korean Crypto Exchange Gopax] According to The Block citing South Korean local news outlet MK, Binance has completed the acquisition of South Korean cryptocurrency exchange Gopax. On Wednesday, after more than two years of delays, the Korea Financial Intelligence Unit approved changes to Gopax's key management personnel. In February 2023, following Binance's acquisition of a 67% majority stake in Gopax, Gopax submitted this change application. Previously, South Korean regulators had delayed granting full approval for Binance's acquisition of Gopax, citing potential anti-money laundering risks. Local media reported that this approval appears to have been influenced by Binance resolving compliance issues in the United States. The approval indicates that Binance will re-enter the South Korean market after shutting down its local operations in 2021.