The world’s largest cryptocurrency exchange, Binance, has agreed with the South Korean city of Busan to develop the city’s blockchain infrastructure.
While building Busan’s blockchain infrastructure, Binance will also help to increase cryptocurrency adoption and business development.
Binance Signs Blockchain Partnership With Busan
Binance CEO Changpeng Zhao used the following statements in a statement on the subject.
In addition, Binance is helping the city set up digital asset exchanges within the city through “regulation-free zones”.
Busan Mayor Park Heong Joon said in a statement:
Chosun Ilbo, one of the country’s local newspapers, noted that Binance plans to open an office in Busan this year.