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South Korea
US Sanctions Russian Darknet Market; Indian MP’s Crypto Warning
South Korea’s Kakao Group acquires Japanese crypto exchange SEBC. U.S. sanctions Russia-based darknet market Hydra Market. MP: India to make life hell for crypto investors. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China’s E-CNY Push; India’s Crypto Tax Kicks In
China pushes forward with digital yuan in five more cities. South Korea’s committee studies proposals for crypto sector. NFTs enter bear market territory, but are things all bad? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
S. Korea’s SK Square to Spend $1.6B on Semiconductors, Blockchain
The company, which acquired a 35% stake in crypto exchange Korbit in November, has been jumping into the crypto sector.
China Stamping Out Mining; Crypto Market Makes Gains
China takes aim at corruption in underground Bitcoin mining. Russian committee proposes bitcoin payment for oil and energy exports. Crypto markets shift to upward trend after weeks of volatility. DeFi, NFT access at stake as FATF Travel Rule goes into force in South Korea. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
PUBG Publisher Krafton Partners With Solana Labs
The agreement could bring blockchain integrations and NFTs to the popular battle-royale style game.
India’s Crypto GST Plan; Australia’s Crypto Reforms
South Korea’s preparations for imposition of FATF travel rule heat up. India considers GST on crypto transactions. Australia’s Senator Andrew Bragg warns of existential threat from DAOs. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.
South Korea Elects Crypto-Friendly Yoon Suk-Yeol as President
South Korea has now elected conservative Yoon Suk-Yeol as the next president, who campaigned on deregulating the country’s cryptocurrency industry. “The Hash” discusses the history of crypto in South Korea, which previously was subject to intense government scrutiny, and the possibility of Web 3 companies now creating operations in South Korea.
Sanctions Expand for Belarus; Korea’s Crypto Promises
EU says crypto included in sanctions against Russia and Belarus. WazirX CEO warns crypto tax to incur losses for Indian government. What can the crypto sector expect from Yoon Suk-Yeol’s presidency in South Korea?
Korean Exchanges Block Russians; Crypto’s Role in Conflict
South Korea’s licensed crypto exchanges all block Russian accounts. Ukraine cancels planned airdrop with NFTs to be released instead. Russian sanctions hurting as citizens look for safe havens. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”