According to today’s announcement by the world’s largest blockchain ecosystem, a Memorandum of Understanding (MoU) has been signed between Binance and the South Korean city of Busan. Following the agreement, Binance will provide technical and infrastructure support to the City of Busan to grow the city’s blockchain ecosystem and advertise the Busan Digital Asset Exchange. Order book sharing is yet another way that the two parties will work together. #Binance signs an agreement with the City of Busan in South Korea 🇰🇷 From this agreement, we will provide tech and infrastructure support to develop the city’s blockchain ecosystem. Stay tuned. You’ll see more of Binance in Busan soon! ➡️ https://t.co/B3jbpFOyvS pic.twitter.com/lizBvdfLCZ — Binance (@binance) August 26, 2022 Speaking about the same, the Mayor of Busan, Heong-Joon Park, said, with the signing of this agreement, the Busan Digital Asset Exchange will be one step closer to becoming a globally connected platform for digital assets. Busan will become a hub for global digital finance by becoming a city with a blockchain-focused economy that attracts international attention. Binance To Support Busan’s Interest In Blockchain Technology The company plans to support blockchain activities and business using Busan’s regulatory-free zone. The crypto exchange would support all blockchain-related research in the area. The list also included spreading technological literacy among...
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