Busan's blockchain free zone receives another three-year extension! 🎉 On the 27th, Busan City announced that, with the approval of the Ministry of SMEs and Startups, the designated period of Busan's blockchain free zone will be extended to 2027. This means that Busan, as South Korea's only blockchain regulatory-free zone, can continue to boldly innovate, develop services based on blockchain technology, and commercialize them.
Since its initial designation in 2019, Busan has been actively promoting verification projects for blockchain technology. With this extension, Busan will focus on developing the "Real Estate Collective Investment Platform (Bbrick)" and the "Healthcare My Data Platform (BHealthy)", opening new horizons for real estate investment and the utilization of medical data. 🌟
In the context of increasingly stringent global blockchain regulations, this initiative by Busan undoubtedly injects a strong dose of confidence into the industry. Although the overall market attitude is neutral, cryptocurrencies like Bitcoin still hold great potential and are worth looking forward to! 🚀