📣 Binance, the crypto bigwig, is reportedly trimming its beefy 72.6% stake in South Korean exchange Gopax down to a lean 10%. This comes as Binance aims to spruce up its governance structure, a move that's got the local financial authorities' thumbs up. This stake sale is happening just in time for Gopax's real-name account contract renewal with Jeonbuk Bank in August. Binance's initial capital injection into Gopax in 2023 was a bid to make a grand return to the South Korean market, but the financial authorities played goalie and blocked the move. Stay tuned for more updates! 🚀