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Busan News and Articles



Busan invest Bithumb

Bithumb will invest $8.6 million in a free blockchain zone

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South Korea's leading crypto exchange Bithumb intends to invest 10 billion won (about $8.6 million) in the “regulatory-free zone” of Busan to develop the blockchain technology. This was reported by The Block, citing a statement by the local ministry of small and medium-sized businesses and...

blockchain regulation in South Korea

Non-regulated zone for blockchain development in South Korea

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The South Korean government has declared Busan (the second-largest city in South Korea) a “non-regulatory zone” for blockchain technologies' development. In particular, following the example of the Swiss Zug, Busan will open for a number of initiatives in the field of finance, public security,...

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