Huobi signs agreement with the city of Busan to promote growth in the blockchain industry
Busan, South Korea –News Live– Huobi Global
Huobi Global and Huobi Korea today announced 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 hub for digital assets. The partnership covers the provision of R&D, technology and financial support to the Busan Digital Currency Exchange, as well as the recruitment of global blockchain talent to the Busan local exchange.
Huobi has operated 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 collaborate with the Busan Metropolitan City Government in blockchain development.
Huobi’s operational experience in Korea and its understanding of the local market, combined with its strong track record of delivering premium services to users in the region, will give it a distinct advantage in helping Busan build a solid blockchain ecosystem. It has cultivated strong relationships with major local groups in the development of its own blockchain business, with close ties to the Korean blockchain industry. Huobi Korea has also explored innovative business ventures with other companies in Korea, under an approach that emphasizes mutual benefits.
As a pioneer and industry leader in the application of blockchain technology, Huobi has had a long-standing commitment to building blockchain infrastructure since its inception. It has invested in several prominent blockchain projects, and is willing to actively collaborate with high-potential project teams to address key challenges in the digital economy. As a one-stop platform providing blockchain applications and services targeting various industries, Huobi focuses on driving the development of the blockchain industry, leveraging the combined expertise of Huobi Research Institute and Huobi Academy to provide professional services for the entire life cycle of the blockchain industry .
Huobi Korea CEO Junyong Choi said, “We are excited to work with the city of Busan to transform it into a global hub for digital assets. We believe that Busan has strong qualities to foster innovation and growth, and share their belief that blockchain technologies can transform and benefit traditional industries. We look forward to leveraging our expertise and experience to increase blockchain adoption in the city and across the region.”
Heong-Joon Park, Mayor of Busan, said: “The City of Busan is pleased to partner with Huobi to promote the growth of our blockchain ecosystem. As a blockchain regulation-free zone, Busan offers a favorable environment for developing the latest digital financial technologies, which have attracted many blockchain companies from all over the world. I hope Huobi will spread the word about Busan’s strong environment and support for digital finance so that we can attract more blockchain talents to our city.”
To reinforce its commitment, Huobi will also be the main sponsor of Busan Blockchain Week 2022, which starts on October 27. Huobi invites potential partners to connect with it at its booth. Interested co-investors can also contact [email protected], and project parties interested in listing their tokens can contact [email protected] for more information.
About Huobi Korea
Huobi Korea was established in 2018 and is part of the Huobi Group, one of the world’s leading blockchain companies. Huobi Korea is dedicated to providing reliable and secure services as an exchange, with plans to develop a more comprehensive blockchain ecosystem, including a blockchain research institute, portal companies and financial services. For more information, visit www.hb.co.kr
About Huobi Global
Founded in 2013, Huobi Global is one of the world’s leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries and regions. We are dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivative and Bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user security and industry compliance, supported by strong global customer support underpinned by local expertise. It offers a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success. For more information, visit www.huobi.com
Contact information
Huobi PR team
+1 401-244-8310
the company’s website
https://www.huobi.com/
See the source version on newsdirect.com:
