South Korean authorities have resumed their review of Binance's acquisition of the local cryptocurrency exchange Gopax, following a delay of over two years. The Financial Intelligence Analysis Service (FIU) is currently evaluating Gopax's formal report on the replacement of core executives, with expectations of approving the changes by the end of 2025. This development could mark Binance's return to the Korean market after it ceased local operations in 2021. The review process, which began after Binance acquired a 67% stake in Gopax in March 2023, was initially stalled due to concerns over potential anti-money laundering risks. Under South Korean law, there is no separate qualification review for major shareholders of cryptocurrency exchanges, making the executive change report a de facto review of Binance's shareholder qualifications.