Since being approved as a “regulation-free blockchain zone” by the South Korean government in 2019, Busan has been pushing itself as a blockchain hub and entered into several partnerships with firms in the industry. It has signed agreements with some of the world’s largest crypto exchanges including Binance, FTX i Huobi to help develop the blockchain infrastructure, with some intending to establish presences there in the near future.
Source: https://www.coindesk.com/business/2022/10/28/blockchain-venture-firms-to-invest-100m-in-busan-for-ecosystem-development/?utm_medium=referral&utm_source=rss&utm_campaign=headlines