According to Yonhap News Agency, the city of Busan, South Korea will sign a business agreement with the cryptocurrency exchange FTX to support the establishment of the Busan Digital Asset Exchange. According to the agreement, FTX plans to provide technical and infrastructure support for the establishment of the Busan Digital Asset Exchange. In addition, the two parties will jointly promote blockchain-specific education in cooperation with universities in the Busan area and various projects using the Busan blockchain to supervise the free zone , and will participate in the three-day "Blockchain Week" held at BEXCO in Busan starting from October 27th. Foresight News previously reported that Binance announced the signing of a memorandum of understanding with Busan, South Korea to promote the development of the local blockchain industry and promote the Busan Digital Asset Exchange.