The Busan Digital Asset Exchange in South Korea will support the trading of security tokens and virtual assets

2023-01-30 14:31:12

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ChainCatcher news, the head of the committee for the Busan Digital Asset Exchange in South Korea stated that the exchange is expected to launch in the second half of the year, supporting Security Token Offerings (STO) and virtual asset trading. It was mentioned that to avoid conflicts of interest, the Busan Exchange will separate custody and settlement processes, and the listing review will also be conducted separately.

Previously reported, in December last year, Busan City in South Korea announced plans to build a blockchain-based decentralized digital goods exchange this year, covering tokenized trading of movies, game IPs, precious metals, agricultural and livestock products, ships, real estate, and more, with plans to start operations within this year. (Yonhap News)

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