Busan, South Korea will sign a business agreement with Huobi Global and Huobi Korea to establish the Busan Digital Asset Exchange and develop the blockchain industry

According to Newsis, the city of Busan, South Korea will sign a business agreement with Huobi Global and Huobi Korea at the city hall this afternoon to establish the Busan Digital Asset Exchange and develop the blockchain industry. Through the agreement, the two parties plan to cooperate to build a global digital financial center in Busan, and Huobi will provide technical and infrastructure support for the establishment of the Busan Digital Asset Exchange. The relevant person in charge of Huobi said that it plans to move the headquarters of Huobi South Korea to Busan within this year. Foresight News previously reported that the city of Busan, South Korea signed a business agreement with the cryptocurrency exchange FTX in August to support the establishment of the Busan Digital Asset Exchange.