South Korean port city of Busan signed a “business agreement” with crypto exchange FTX_official to spearhead several blockchain-focused efforts in the coming months. By shauryamalwa
South Korean port city Busan signed an agreement with crypto exchange FTX to develop blockchain-based businesses in the coming months.
This move is in line with the city’s broader plans to become a global blockchain and financial hub. Busan City and FTX will work together to develop and promote various blockchain-focused businesses and establish the Busan Digital Asset Exchange, as perFTX would further develop and promote blockchain-specialized education in connection with regional universities and launch projects in the Busan blockchain special free zone.
Busan had previously tapped crypto exchange Binance to build specialized blockchain products and developer the Busan Digital Asset Exchange,Mayor Park Hyung-jun said he “will not stop” in efforts to make Busan a blockchain hub. “With this agreement, we will help establish the Busan Digital Asset Exchange and secure a new growth engine for the local economy,” he said.and applications for use by the general public.
However, a CoinDesk visit to Busan’s blockchain center in August revealed that the city's blockchain hub team was less than five employees working out of a shared office space. Local industry observers told CoinDesk at the time that optimistic development plans were dented following the collapse of the Korean stablecoin project Terra in May, after which the government is said to be taking a cautious approach towards the proliferation of cryptocurrencies and blockchain in the country.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
FTX has no plans to buy crypto exchange Huobi, says CEO Bankman-FriedFTX's Sam Bankman-Fried said that the company had ho intention fo buying control of crypto exchange Huobi.
Consulte Mais informação »
Crypto Exchange FTX's CEO Visited White House Amid Regulatory FightNEW: FTX CEO SBF_FTX and the crypto exchange's policy chiefs – MarkWetjen and ElioraKatz – met with senior White House officials in May, new visitor logs show. thesamreynolds reports
Consulte Mais informação »
Coinbase, FTX, Binance Get Inquiries as Congress Looks to Crack Down on $1 Billion Crypto FraudThe House Committee on Oversight and Reform is dialing up the pressure on federal agencies and crypto exchanges to protect Americans from crypto fraudsters.
Consulte Mais informação »
Congressman calls on crypto exchanges and regulators to account for fraud and scams in cryptoA series of letters to regulators and exchanges ask them to return extensive documentation on their approaches within two weeks.
Consulte Mais informação »