![]() ![]() The figure for Binance hovers around $50.2 billion. ![]() To date, Korea’s largest crypto exchange is Upbit with 2.6 trillion won ($1.95 billion) in trading volume. The exchange, founded by Changpeng Zhao, also known as CZ, will use Busan's blockchain regulatory-free zone to promote blockchain initiatives and businesses and provide specialized blockchain education and online resources through its Binance Academy. Those familiar with the agreement told The Korea Economic Daily that the Cayman Islands-based exchange approached Busan's city government directly to bypass the central government's restrictions on the company’s operations in Korea.īinance said it plans to re-open its Korea office in Busan before the year's end. ![]() The Busan exchange focuses on enabling the trading of cryptocurrency, security token offerings (STOs), and non-fungible tokens (NFTs). The agreement states that Binance will provide Busan with technological and infrastructure support to develop the city's blockchain ecosystem, as well as to promote the Busan Digital Asset Exchange. Binance is the world’s largest cryptocurrency exchange by trading volumeīinance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday it had signed a memorandum of understanding (MOU) with South Korea’s second-largest city of Busan. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |