According to Digital Today, the city of Busan, South Korea will sign global business agreements with crypto exchanges Crypto.com and Gate.io this afternoon. Through this agreement, the city of Busan will receive relevant technical and infrastructure support from the two crypto exchanges, and cooperate to establish the Busan Digital Asset Exchange. Crypto.com and Gate.io plan to set up a Korean branch in Busan and set up a research center to train blockchain engineers. Foresight News previously reported that the city of Busan, South Korea signed a memorandum of understanding with Binance, FTX and Huobi to promote the Busan Digital Asset Exchange.