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Thursday, May 1, 2025

Huobi signs agreement with city of Busan to nurture blockchain industry growth - Yahoo Finance

Busan, South Korea --News Direct-- Huobi Global
Huobi Global and Huobi Korea announced today the signing of a Memorandum of Understanding (MoU) with the Busan Metropolitan City government. Under the agreement, Huobi Global and Huobi Korea will work closely with the city to develop its blockchain industry, supporting its vision to become a global digital assets hub. The partnership covers the provision of R&D, technology and financial support for the Busan Digital Currency Exchange, as well as the recruitment of global blockchain talent for the Busan local exchange.
Huobi has been operating in South Korea through a local office since 2019, where it is regulated under a license issued by the Korean Financial Services Commission last year. This makes Huobi the first digital asset exchange with a physical presence in Korea to cooperate with the Busan Metropolitan City government in blockchain development.
Huobi’s operational experience in Korea and its understanding of the local...



Read Full Story: https://finance.yahoo.com/news/huobi-signs-agreement-city-busan-034254894.html

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