City of Busan to establish digital assets exchange: Report

City of Busan to establish digital assets exchange: Report

According to local news outlet News1, Busan, South Korea will establish a decentralized digital commodities exchange. Officials said the platform is scheduled to start operations this year and will support local cultural content via digital assets.

“Taking advantage of the strengths of Busan, such as the Busan International Film Festival, G-Star; [the exchange] will include tokenization of intellectual property rights in the film and game fields, as well as gold, precious metals, agricultural and livestock products, ships, real estate, etc.”

As told by the Busan Digital Asset Exchange Establishment Promotion Committee, the plan involves coordinating domestic financial companies and digital asset exchanges and building a transaction support system serving as the basis for the exchange.

Trending: CA Doctor Cycling on Pacific Coast Highway Run Down and Stabbed to Death by Driver Yelling Slurs About “White Privilege”

“The Busan Digital Asset Exchange has a decentralized fair exchange structure that is

Continue reading


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report •
Thanks for sharing!
Send this to a friend