Summary
- Jeong Eun-bo, chairman and chief executive officer of Korea Exchange, said he would push to introduce crypto-linked derivatives.
- Jeong said he would actively pursue the launch of related derivatives so Busan can become a hub for the virtual-asset market.
- Jeong also said he wants Busan to establish itself as South Korea’s leading financial center for derivatives.
Forecast Trend Report by Period
Jeong Eun-bo, chairman and chief executive officer of Korea Exchange, said he would push to introduce crypto-linked derivatives.
At a ceremony in Busan on May 6 marking the 30th anniversary of the derivatives market, Jeong said he would actively pursue the launch of related derivatives so the city can become a hub for the virtual-asset market, Daehan Economic Daily reported.
He also said the exchange would seek to attract international conferences to help Busan establish itself as South Korea’s leading financial center for derivatives. Jeong added that Korea Exchange would do its part to support the regional economy, including by exploring industry-academia cooperation with local universities to foster financial talent in Busan.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
