Binance Targets Full GoFi Repayment in 2026 While Seeking Top Spot in Korean Market
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Binance aims to fully repay GoFi users in South Korea by 2026, holding 775 BTC, 5,766 ETH, and 706,184 USDC in a restitution wallet. The platform is also planning products tailored for the Korean market, focusing on stablecoins, real-world assets, and institutional services.
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- Binance targets full GoFi user repayment completion in 2026 for the Korean market.
- Restitution wallet holds 775 BTC, 5,766 ETH, and 706,184 USDC among 11 assets.
- Binance plans Korea-ready products, eyes stablecoins, RWAs, and institutions.
Binance Head of APAC SB Seker stated the cryptocurrency exchange will attempt to complete restitution for South Korea’s GoFi users in 2026, positioning the platform to pursue market leadership in the country. The executive shared the timeline during an interview, providing clarity on the resolution path for the liquidity crisis affecting thousands of South Korean investors.
“We’re definitely looking to try and finish this off this year; it’s been hanging over everybody’s heads for some time,” Seker stated. He indicated alignment exists among users, the exchange, regulators, and stakeholders to conclude this chapter. GoFi, the dec…
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$ 64.08K
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