PANews reported on January 30th that, according to The Block, Binance's Asia Pacific head, SB Seker, stated that Binance will complete compensation payments to users of GoFi, a service under Gopax in South Korea, this year to resolve the liquidity crisis that has persisted since 2023. The compensation will be in the form of cryptocurrency equal to the amount lost by the users. A dedicated wallet containing 775.11 BTC and 5766.62 ETH is currently being prepared and is awaiting final approval from the relevant South Korean authorities.

Following the compensation payment, Binance plans to shift its focus to improving Gopax's technology and security standards, and consider integrating it into the Binance brand system at an appropriate time. In the long term, Binance will focus on stablecoins, real-world asset tokenization, and institutional services in the South Korean market, planning to collaborate with local institutions to launch won-pegged stablecoins and security tokens. Although South Korean regulators have proposed potentially limiting major shareholders' stakes in exchanges to 15% to 20%, and Binance currently holds over 67% of Gopax's shares, Seker stated that they have ample experience in addressing this. He stated that South Korea is the pinnacle of digital assets in the Asia-Pacific region and has the potential to become one of the top three digital asset centers globally; Binance will strive to achieve market leadership over the next three to five years.