Cryptocurrency

Bithumb has plans to invest in South Korea

The exchange of cryptocurrencies largest of South Korea, known as Bithumb, thinking of making investment in the asian country. It is believed that they could invest in the free zone of the nation, because, according to multiple reports, the potential that this city has is quite large; therefore consider the idea.

What is Bithumb?

Is known as Bithumb to a platform of exchanges, or exchange of criptos who was born in South Korea. This portal is currently the most commonly used in that area of Asia, however, many feel that it is the main exchange in the world. In the official page of the whole portal is in the language of standard mandarin. Although, it also offers the option to translate it to English or Korean. In case you do not know any of these languages, you can also use the Google translator to translate the page Bithumb from English to Spanish or also in standard mandarin to English.

What is the free zone of South Korea?

The free zone in South Korea is a city that is characterized by having a free economy, and without restrictions; this is known as Busan and is one of the most visited places by tourists who travel to South Korea. On the other hand, the fact of having freedom in their economy allows them to perform activities and investments without limitations. Because of this, Bithumb, think it can be a large investment of money in the city; a approximate amount of 8 million dollars. This came to be known thanks to its subsidiary undertaking, which has shown intentions to invest in the greatest city in south korea. The amount won, that is to say, the currency of that country, is over 10 billion; all of the information about the comments of the company subsidiary of Bithumb was extracted from an official portal of the region.

Investment of funds in an area free of South Korea

As mentioned above, it is expected that Bithumb make an investment in this city. However, we still do not have clear what are the objectives of the company. Although, they are expected to work in creating a digital currency; because there are several indications that this is one of the desires of the city of Busan. In addition, they have integrated the local currency of Busan to the chain of blocks, however, are still in search of the creation of a currency based on technology blockchain. Moreover, the company also plans to make an investment in the stock assets, Tongsan, also located in Busan, South Korea. In addition to the above, the Financial Services Commission of South Korea, has thought to study and analyze all the efforts of Bithumb. Since, the goal is to continue working on projects based on the technology blockchain that offer benefits. This was to understand thanks to a comment by the Financial Services Commission, in which mentioned:

The industry hopes that Bithumb lance several financial business based in the blockchain in Busan with this investment. Financial Services commission, South Korea

It is for this reason that, possibly the greater part of this money is to be invested in projects blockchain; as the creation of a new digital currency to Busan. The following two tabs change content below. I am a young man from Venezuela 18 years, lover of technology, innovation, and economic events that govern the world. One of my passions are cryptocurrencies.

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