According to reports from South Korean media PinpointNews, the blockchain regulatory free zone in Busan, South Korea has been approved for a three-year extension until 2027, continuing to serve as the only blockchain regulatory free zone in the country to promote the application and industrialization of related technologies. The city of Busan stated that it will focus on the free zone to drive the continuous development of multiple blockchain projects, including a "real estate collective investment platform" and a "medical data platform."