South Korean City Busan Names Digital Exchange Preferred Bidder

The South Korean city of Busan is edging closer to the launch of a long-awaited blockchain-powered digital assets trading platform, and has named a preferred bidder. The city has previously pledged to launch the world’s first city government-run exchange before the end of 2023. This ambitious timeline looks set to expire. But the city has moved a step closer to launch by naming a preferred bidder in an operating tender. The city named a consortium of small- and medium-sized firms named the Busan BDX Consortium. The consortium comprises 11 companies. These include IT firms, financial institutions, and other Busan-based businesses.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!

iOS: https://links.hashd.co/ios

Android: https://links.hashd.co/android