News with the tag "GOPAX"

Gopax Streami VASP license renewal: Streami, the parent company of South Korean cryptocurrency exchange Gopax, has announced its intention to renew its virtual asset service provider (VASP) license with the financial authorities in Korea. According to IT Chosun, this move will proceed despite the ma...

Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources. Binance cryptocurrency exchange is reportedly in the final stages of negotiations with the South Korean cloud service provider Megazone to sell a majority stake in the local exchange Go...

Binance Exchange is at the tail end of selling up to 62% of its stake in Gopax, its South Korean entity to Megazone The post Binance Nears the End of Discussion to Sell Majority Stake in Gopax appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.

Binance is reportedly nearing a deal to sell its majority stake in crypto exchange Gopax to Korean cloud provider Megazone. Cryptocurrency exchange Binance is in advanced talks to sell its controlling stake in Gopax, one of South Korea’s crypto exchanges,…

In February 2023, Binance acquired a “meaningful” equity position in Gopax, aiming to re-establish its presence in the South Korean market. The post Gopax Sells Users’ Deposit Claims at Half Value Amid Financial Turmoil appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and In...

Binance, which became the largest shareholder of the South Korean cryptocurrency exchange Gopax, recently sold the asset claims of Gopax victims at less than half their face value. The post Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses appeared first on ...

The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits.

A recent financial report from Streami, the parent company of Gopax, revealed that the South Korean cryptocurrency exchange experienced significant revenue growth and a notable reduction in net losses in 2023. Gopax’s Revenue Surge And Net Loss Reduction Despite challenges related to liquidity issue...

Binance-linked Gopax Exchange has improved its financial standing, slashing losses as it recorded 97% Year-on-Year revenue boom The post Binance’s Gopax Exchange Slashes Losses with 97% YoY Revenue Boost appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .