Binance plans to fully repay GoFi debt by 2026 and strive for a leading position in the Korean market According to The Block, SB Seker, the head of Binance Asia Pacific, stated that Binance will complete compensation for GoFi service users under Gopax in South Korea within this year to address the liquidity crisis since 2023. The compensation will be made in the same amount of cryptocurrency as the user's loss. Currently, a dedicated wallet containing 775.11 BTC, 5766.62 ETH and other assets has been prepared and is awaiting final approval from the relevant authorities in South Korea. After completing the compensation, Binance plans to shift its focus to improving Gopax's technology and security standards, and consider incorporating it into the Binance brand system at an appropriate time. In the long run, Binance will focus on stablecoins, real asset tokenization, and institutional services in the Korean market, and plans to collaborate with local institutions to launch Korean won anchored stablecoins and security token products. Although South Korean regulatory authorities have proposed the possibility of limiting the shareholding ratio of the main shareholders of the exchange to 15% to 20%, and Binance currently holds over 67% of Gopax's shares, Seker stated that he has sufficient experience in dealing with this. He said that South Korea is the pinnacle of digital assets in the Asia Pacific region and is expected to become one of the top three digital asset centers in the world. Binance will strive to compete for market leadership in the next three to five years.