Tagged: gopax

Binance Invests in South Korean Crypto Exchange GOPAX via its Industry Recovery Initiative

Binance, which claims to be the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has invested in GOPAX, a South Korean cryptocurrency exchange licensed “to provide fiat-to-crypto services to customers, as part of its Industry Recovery Initiative (IRI).” In November 2022, GOPAX halted “the withdrawal… Read More

Once Suspended, GOPAX is Reanimated Following Receipt of VASP License

In 2021 the Korean government cracked down on digital asset exchanges requiring the crypto trading platforms to receive regulatory approval to operate. While some were approved before a strict deadline the bulk struggled to meet the requirements. One of these was GOPAX. Today, according to… Read More

South Korean Crypto Exchange Streami Gets Strategic Investment from digital Currency Group

Streami has received a strategic investment from the Digital Currency Group (DCG), according to a release. Streami is based in South Korea and operates GOPAX, a crypto exchange. DCG is said to be the second-largest investor in Streami and previously participated in the Series A… Read More

Korean Crypto Exchanges Announces Listing Evaluation Partnership With CrossAngle

Korbit, CPDAX, and GOPAX, three cryptocurrency exchanges in South Korea, announced earlier this week their partnership with CrossAngle to enhance the reliability of their coin listings. According to the trio, CrossAngle has developed a data disclosure platform, Xangle to tackle these problems. Data gathered directly from… Read More

70-80% of South Korean Cryptocurrency Mines Close As Costs Exceed Prices

At the top of markets in December 2017, mining an Ether, the native cryptocurrency of the Ethereum network, cost about 240,000 Korean won ($213 USD), and that Ether could be sold for 2.3 million won ($2093 USD). At that time, South Korea was the third… Read More

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