Binance Makes Another Breakthrough in Asia
One of the Bitcoin stories focusing on the adoption of cryptocurrencies is the news of Binance reentering the South Korean market using the Gopax exchange. In recent months, one of the things Changpeng Zhao has been pushing for is the adoption and penetration of the crypto gospel around the world.
In the past, Binance had announced they were closing their crypto operations in Japan due to regulations from the government. However, they found a way to reenter the market pseudonymously. After acquiring a South Korean-based crypto exchange called Gopax, Binance has indirectly found a way of entering the South Korean market again. Binance has also made the official announcement on its website.
