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South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto could help turn things around by attracting young people, tech startups, and investors. South Korean City Wants to Become a Crypto Hub The second-largest […]Powered by WPeMatico
Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city.
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South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry.
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South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will discuss the preliminary plans with the Financial Services Commission (FSC) this month. Also read: Mining […]
The post Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone appeared first on Bitcoin News.
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Busan, South Korea’s second-largest city in cooperation with telecom giant KT plans to release a blockchain-based local currency by Dec. 30.
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