According to Yonhap News Agency, the city of Busan, South Korea has decided to reconsider whether to establish a digital asset exchange. Anxiety across the industry is growing amid negative attitudes from government and financial authorities towards public institutions setting up digital asset exchanges, and following the recent bankruptcy of FTX. Foresight News previously reported that the city of Busan, South Korea signed a cooperation agreement with Binance, FTX, Houbi, Crypto.com and Gate.io on the establishment of the Busan Digital Asset Exchange.