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CATEGORY: busan


Binance and Other Global Exchanges Not a Part of Busan City’s Digital Exchange Plans

Author: Vignesh Karunanidhi
Estonia
Dec 20, 2022 07:10

Binance and Other Global Exchanges Not a Part of Busan City’s Digital Exchange Plans

Binance is not a part of Busan city’s digital exchange plans. The blockchain capital of South Korea, Busan, has dropped the majority of its global centralized exchange partners but has made progress toward establishing a local cryptocurrency exchange. Extreme action was taken in response to the recent catastrophic failure of centralized exchanges. The steering committee […]

Dec 20, 2022 06:55

Busan's digital exchange plans exclude global crypto exchanges.


Busan, the city of South Korea, has moved a step closer to forming a local crypto exchange. But it has dropped most of the global centralized exchanges from its plan after FTX's collapse. The five exchanges included Binance, Crypto.com, Gate.io, Huobi Global and FTX. Busan City intends to establish an exchange that divides digital assets into securities and non-securities. (Read More)

Oct 29, 2022 06:55

City of Busan Signs MoU with OKX's Investment Arm to Spur Blockchain Growth


The City of Busan in South Korea has signed a Memorandum of Understanding (MoU) with OKX Blockdream Ventures, the investment arm of crypto exchange OKX, to enhance its blockchain sector. (Read More)

These 2 Crypto Exchanges Follow Binance Into Busan

Author: Aishwarya shashikumar
Estonia
Oct 26, 2022 07:20

These 2 Crypto Exchanges Follow Binance Into Busan

South Korea’s propensity towards cryptocurrencies and crypto exchanges has been making news. But this wasn’t just about cryptocurrency. The nation was seen adopting the underpinning technology of cryptocurrencies. One of South Korea’s largest cities, Busan, has been working to become the next major blockchain hub. Leading crypto exchanges Gate.io and Crypto.com have decided to support […]

Sep 22, 2022 10:35

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges


South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges. (Read More)

Busan ropes in FTX to better its crypto-verse

Author: Aishwarya shashikumar
Estonia
Aug 31, 2022 07:10

Busan ropes in FTX to better its crypto-verse

The city of Busan signed a contract with well-known crypto exchange FTX in order to quicken its leaning towards the sector. This action is consistent with the city’s overarching aim to establish itself as a major financial and blockchain hub. The cryptocurrency sector has become increasingly popular. Governments have begun to enact crypto-friendly laws after […]

Aug 31, 2022 10:35

FTX and Busan Reaches Deal to Accelerate Blockchain Businesses


The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange. (Read More)

Aug 28, 2022 06:55

Binance Signs Memorandum of Understanding With Asian City Busan


The South Korean metropolitan city of Busan has signed a Memorandum of Understanding (MoU) with Binance, the biggest crypto exchange by trading volume in the world (Read More)

Aug 27, 2022 10:10

Binance collaborates with the City of Busan

The popular crypto exchange, Binance, has partnered with the City of Busan in South Korea. The exchange announced this development in its Friday blog post. [...]

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