CZ Denies Report That Binance Considering Re-entering South Korea Market
Korean media reported today that CZ, the CEO of Binance, said that Binance was considering re-entering the South Korea market. CZ himself denies the report through his twitter, saying, "Yesterday, a guy asked for a selfie, among a few hundred others. He asked what is our plan for Korea. I said we are looking it (as we do in almost every market). Now this..." CZ also clarifies that, Binance's JV partner in Korea in 2019 was shut down by Binance because its product wasn't done well and UX was bad. It was not regulatory related.