Binance,cryptocurrency exchange , signed an MoU with Busan, South Korea, to help the city develop its blockchain industry ecosystem and promote the Busan Digital Asset Exchange, Binance said in announcement Friday 26/12/2022.
- The Memorandum of Understanding (MoU) with Busan includes several services and technological help.
- Binance will provide Busan with technological and infrastructure support for the development of the city's blockchain ecosystem, promotion of the Busan Digital Asset Exchange and order book sharing.
- Binance will use Busan's blockchain regulatory-free zone to promote blockchain initiatives and businesses, and provide specialized blockchain education and online resources from Binance Academy.
- Binance said that it will a presence in Busan by the end of the year.

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