Promotion team of Busan Financial Blockchain Zone's digital asset exchange in South Korea has revealed that Busan has recently issued a notice and is currently selecting an operator to establish and operate the Busan digital asset exchange. According to the announcement, the Busan digital asset exchange promotion team will announce the results next month after reviewing and demonstrating evaluations of the documents submitted by the Busan city government. After selecting the operator, it is expected that the business steps will be accelerated and the company will be established within the year. The Busan digital asset exchange project is 100% driven by private investment. Therefore, enterprise operators have invested in enterprise infrastructure costs, operation, and ownership. However, depending on the future project content, administrative support from the Busan city may be obtained. Business proposals related to the establishment of the Busan digital asset exchange must be submitted before the 28th, and those who wish to apply as a company can view materials such as the plan and future establishment timetable of the Busan digital asset exchange. As part of the Busan project, according to relevant sources, Busan will be transformed into a city based on blockchain technology and become the leader of the blockchain industry and ecosystem by 2026. At the same time, Busan, as a free regulatory zone for blockchain, has dissolved the Busan digital asset exchange establishment promotion committee, which recently completed its work, and reviewed it through the Free Zone Guidance Committee.