FTX cooperates with Korean authorities to develop digital exchange

Busan, South Korea’s second most populous city, Tuesday signed a memorandum of understanding (MOU) with global cryptocurrency exchange FTX to help develop a digital asset exchange.

FTX will provide technical and infrastructure assistance to Busan city in establishing the digital asset exchange. FTX is also planning to cooperate with the city in promoting various blockchain projects and partner with local universities in providing blockchain-specific education.