律动BlockBeats|Jan 30, 2026 07:38
Binance accelerates its layout in South Korea: Seizing the institutional market with GOPAX and targeting payment infrastructure by 2026
According to BlockBeats news, on January 30th, according to Koreatimes, Binance is accelerating its expansion in South Korea through its controlled local cryptocurrency trading platform GOPAX, in order to support institutional adoption and build payment infrastructure by 2026.
SB Seker, the head of Binance Asia Pacific, said in a video interview with the Korea Times on Friday, "Last year, 23% of the global (cryptocurrency market) growth came from institutional adoption. We believe that if South Korea follows suit in (regulatory) development, the growth trend will be similar or even stronger
In addition to core services such as spot trading and digital asset products, Binance is also committed to establishing infrastructure for institutional fund management and cross-border stablecoin settlement. Seker expects that once regulations become clear, South Korean companies will begin to allocate cryptocurrency assets on their balance sheets and diversify risks across different trading venues. Payment is another key area of focus. Although cryptocurrency payments and remittances are still restricted for local users in South Korea, Binance is exploring partnerships with licensed local payment service providers to provide inbound transaction services for overseas visitors - a move Seker hopes will set a good precedent for regulatory agencies.
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