The city of Busan has abandoned plans to launch its own cryptocurrency exchange

time:2022-11-23 08:14 source:Internet

The South Korean city of Busan decided to reconsider its plans to create a local cryptocurrency exchange because of the collapse of FTX.“Given the different conditions, it is unwise for the city of Busan to promote the creation of a digital asset exchange,” said a city official.Busan has been developing a local digital asset exchange for several months, signing agreements with FTX, Binance, Huobi and CryptoCom.
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