The Bahamas-based crypto exchange will support Busan's blockchain ecosystem.
The crypto exchange based in the Bahamas will also support Busan's blockchain ecosystem.
The collapse of the South Korean stablecoin project Terra may have dealt a blow to public confidence in the industry, but that has not stopped the second-largest city in the country from pursuing ambitious crypto and blockchain goals. The city of Busan is forging ahead with its plans to create a "regulatory sandbox" for blockchain projects, and is also working on a number of other initiatives aimed at promoting the adoption of new technologies.
The city of Busan in South Korea has announced a partnership with the FTX cryptocurrency exchange to build blockchain-powered business solutions in the coming months. This is a major move forward for the adoption of blockchain technology in the country, and will no doubt help to further boost the already-growing cryptocurrency and blockchain industry in South
- I believe that this partnership between Sam Bankman-Fried's exchange and Busan city has the potential to be hugely beneficial for both parties involved. By working together, they can help to develop the Busan Digital Asset Exchange and also help to grow the blockchain ecosystem in the region. This could lead to more innovation and opportunities for both businesses and individual users in the area.
- I believe that this move by Busan will help to legitimize cryptocurrencies and blockchain technology in the eyes of the general public. By working with FTX to develop and promote blockchain-specialized education, Busan is setting an example for other cities and countries to follow. This could be a major turning point in the adoption of cryptocurrencies and blockchain technology around the world.
- The city of Busan in South Korea intends to roll out several blockchain-related projects in its special free zone in 2019. This is seen as a way to boost the city's economy and attract more businesses and investment. The city is already home to many blockchain and cryptocurrency companies, and this move is expected to further
- Mayor Park Hyung-jun said that the latest agreement is a positive step forward for the city of Busan. He said that the agreement will help to improve the city's infrastructure and attract more investment. The mayor also said that the agreement will help
“With this agreement, we will help establish the Busan Digital Asset Exchange and secure a new growth engine for the local economy by making Busan a specialized block-chain city. I will not stop.”
- The Mayor's aim is to make Busan a blockchain-specialized city by attracting worldwide attention and boosting a new growth engine for the local economy to make it a global digital finance hub.
- Amy Woo, CEO of FTX Investment Division, has revealed that the company expects to complete its Korean branch in Busan within the next year. This would transform the port city into a digital financial hub city in Asia.
- The agreement with FTX is a positive development for Binance, coming just days after the company signed a Memorandum of Understanding (MoU) with the City of Busan. This MoU is a significant step forward for Binance in its goal to establish a global presence, and the agreement with FTX will only serve
- Binance, one of the world's leading cryptocurrency exchanges, has announced plans to support the development of a blockchain ecosystem in the South Korean city of Busan. The move comes as part of Binance's wider efforts to promote the adoption of digital assets and blockchain technology around the world. Busan is already home to a number of major cryptocurrency exchanges, and the city's blockchain ecosystem is growing rapidly. With Binance's support, the
The FTX crypto exchange has forge a partnership with the city of Busan in South Korea with the aim of developing a new digital asset exchange. This is a hugely positive step for the crypto industry, as it shows that traditional financial institutions are starting to take digital assets seriously. The partnership between FT
