The digital asset trading platform in Busan, South Korea has removed five partners including Binance and Crypto.com

2022-12-21 07:17:31

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ChainCatcher news, according to Cointelegraph, Busan, South Korea has removed five originally included global centralized exchange partners from its plan to build a local digital asset trading platform, including: Binance, Crypto.com, Gate.io, Huobi Global, and FTX. In addition, Busan has announced the formation of a guidance committee composed of 18 blockchain experts, responsible for providing advice on the establishment and operation of the digital asset trading platform and strengthening external cooperation systems.

It is reported that Busan plans to establish a trading platform that categorizes digital assets into two types: securities and non-securities, as well as a market management agency responsible for handling listing and evaluation, market monitoring and regulation, deposits, and settlement, etc. (Cointelegraph)

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