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Busan Passed The Proposal Of Building Virtual Asset Financial Center

Tracy CHEN

Summary: According to Yonhap News, the Busan Chamber of Commerce and Industry in South Korea passed a policy proposal on December 10th to "establish a guiding agency for the group and the virtual asset financial zone."Busan will strive to grow into a virtual asset financial center based on the regional chain. The Busan Chamber of Commerce ...

According to Yonhap News, the Busan Chamber of Commerce and Industry in South Korea passed a policy proposal on December 10th to "establish a guiding agency for the group and the virtual asset financial zone."
Busan will strive to grow into a virtual asset financial center based on the regional chain. The Busan Chamber of Commerce and Industry proposes to establish a blockchain financial business ecosystem using high technology and artificial intelligence (AI) in the first phase, and in the second phase to establish a financial business supervision agency to support blockchain and virtual asset businesses. The third stage is to establish virtual currency spot exchanges, list virtual currency derivatives, and raise funds for virtual asset operations to build virtual asset financial infrastructure.

Tracy Chen 

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