{"id":270452,"date":"2022-10-26T15:15:17","date_gmt":"2022-10-26T14:15:17","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=270452"},"modified":"2022-10-26T13:54:14","modified_gmt":"2022-10-26T12:54:14","slug":"busan-collaborates-with-crypto-com-and-gate-io-to-advance-blockchain-aspirations","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/busan-collaborates-with-crypto-com-and-gate-io-to-advance-blockchain-aspirations\/","title":{"rendered":"Busan collaborates with Crypto.com and Gate.io to advance blockchain aspirations"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">South Korean city <a href=\"https:\/\/cryptoslate.com\/south-koreas-busan-bank-employee-steals-1-4b-won-in-customer-funds-to-buy-crypto\/\">Busan<\/a> has signed a business agreement with two international cryptocurrency exchanges, <a href=\"https:\/\/cryptoslate.com\/companies\/crypto-com\/\">Crypto.com<\/a> and <a href=\"https:\/\/cryptoslate.com\/press-releases\/gate-io-labs-invests-in-magic-square-worlds-first-crypto-app-store\/\">Gate.io<\/a>, to grow its blockchain ecosystem.<\/span><\/p>\n<p>The development highlights one of Busan's numerous efforts to embrace blockchain and let it strive within its region.<\/p>\n<p><span style=\"font-weight: 400;\">As revealed, both Crypto.com and Gate.io will set up regional offices in the city. Their presence will help provide technology and infrastructure aid to Busan in its quest to establish the first city-supported cryptocurrency exchange.<\/span><\/p>\n<p>Further, <span style=\"font-weight: 400;\">as part of their agreement, Crypto.com will work on the growth of local blockchain startups. Additionally, Gate.io will train local professionals on blockchain and other related topics every year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The officials from the two cryptocurrency exchanges will also be present at Blockchain Week in Busan (BWB). This event will feature keynote speeches from prominent figures in the cryptocurrency sphere. In addition, the BWB will host more than 300 booths of blockchain tech firms, as revealed the event will run between October 27 to October 29.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The flexibility of Busan City toward blockchain has facilitated its partnership with different cryptocurrency exchanges in the past. Crypto.com and Gate.io joined the likes of <a href=\"https:\/\/cryptoslate.com\/companies\/binance\/\">Binance<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/huobi-global\/\">Huobi Global<\/a>, and <a href=\"https:\/\/cryptoslate.com\/companies\/ftx\/\">FTX<\/a> on the list of cryptocurrency exchanges partnered with Busan.\u00a0<\/span><\/p>\n<h2><b>Busan's efforts toward becoming a blockchain hub in Asia<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Since 2019, Busan has been designated as a <a href=\"https:\/\/www.busan.go.kr\/eng\/bsnews01\/1390496\">\u201cspecial blockchain regulation-free zone.\u201d<\/a> This status has aided blockchain developers in designing their projects and proposing ideas to the city's government. All these come as an effort from the city of Busan to establish itself as the hub of blockchain technology in South Korea.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While Busan is gradually gaining attention, Asia as a whole is establishing itself as a region suitable for cryptocurrency investments. In much the same way, <a href=\"https:\/\/cryptoslate.com\/places\/uae\/\">Dubai<\/a> is also adopting blockchain innovations recently, as it has contributed significantly to advancing blockchain technology in Middle east Asia.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korean city Busan has signed a business agreement with two international cryptocurrency exchanges, Crypto.com and Gate.io, to grow its blockchain ecosystem. The development highlights one of Busan&#8217;s numerous efforts to embrace blockchain and let it strive within its region. As revealed, both Crypto.com and Gate.io will set up regional offices in the city. Their [&hellip;]<\/p>\n","protected":false},"author":1393,"featured_media":270567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,5789],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Busan collaborates with Crypto.com and Gate.io to advance blockchain aspirations<\/title>\n<meta name=\"description\" content=\"As part of Busan&#039;s numerous efforts to embrace blockchain, the city has signed a business agreement with crypto exchanges, Crypto.com and Gate.io.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/busan-collaborates-with-crypto-com-and-gate-io-to-advance-blockchain-aspirations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Busan collaborates with Crypto.com and Gate.io to advance blockchain aspirations\" \/>\n<meta property=\"og:description\" content=\"As part of Busan&#039;s numerous efforts to embrace blockchain, the city has signed a business agreement with crypto exchanges, Crypto.com and Gate.io.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/busan-collaborates-with-crypto-com-and-gate-io-to-advance-blockchain-aspirations\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-26T14:15:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-26T12:54:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/busan-cryptoCom-gateIO.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Soumen Datta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Soumen Datta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/busan-collaborates-with-crypto-com-and-gate-io-to-advance-blockchain-aspirations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/busan-collaborates-with-crypto-com-and-gate-io-to-advance-blockchain-aspirations\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/#person\",\"name\":\"Soumen Datta\",\"url\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/cs-soumen.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/cs-soumen.jpg\",\"caption\":\"Soumen Datta\"},\"jobTitle\":\"Journalist\",\"description\":\"Soumen is a dedicated researcher and writer in the field of cryptocurrencies, DeFi, NFTs, and GameFi projects. 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