South Korea


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Korea Crypto Damage Assessed, Initium’s News-Based NFTs Sells Out

South Korea’s crypto regulation damage is assessed. Initium media’s news-based NFT collection sells out. China’s Bitmain seals crypto mining deal with ISW Holdings. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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BSN to Launch South Korea Portal, Canaan Secures Huge Rig Order

China’s Blockchain-based Service Network to launch portal in South Korea. China’s Canaan secures huge mining rig order from Genesis Digital Assets, and a Korean play-to-earn game explodes in popularity despite a ban in its home country.

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Korea’s New FSC Chair Speaks, Axie Infinity to Work With Governments

South Korea’s new FSC chair speaks on crypto at a confirmation hearing. Axie Infinity developer says it’s willing to work with governments on tax. And in a Forkast exclusive, Antinalysis declares itself out and proud. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Korea Reveals Crypto Exchange ‘Death Note,’ DeFi Investment Booms

South Korea reveals crypto exchange ‘Death Note’. DeFi investment booms. FTX offers loan to hacked Japanese crypto exchange Liquid. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Professor Jailed for Crypto Scam, Cryptopunks Trading Volume Soars

A South Korean professor and presidential campaign advisor jailed over a crypto scam. The Philippines says Axie Infinity earnings are subject to tax, and Cryptopunks' NFT trading volume soars. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Upbit Submits Compliance Report, China’s E-CNY Trials Broaden

South Korea’s Upbit first to submit a compliance report to the Financial Intelligence Unit. Crypto market on a roll as Bitcoin breaks US$50,000 mark, and China’s e-CNY trials continue to broaden. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Binance Discontinues South Korean Won Trading Pairs, Payment Options

Although South Korea is not among the long list of countries whose financial watchdogs have issued warnings against Binance, the crypto exchange ​said it would discontinue trading pairs and payment options using the South Korean won effective immediately, along with P2P merchant applications and Korean language support. "The Hash" hosts discuss the possible future of Binance following its ​latest attempt to take the initiative in its regulatory positioning.

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Poly Network Mostly Recovers Stolen Assets, Rario Launches Cricket NFT Platform

Poly Network says stolen assets are mostly returned. Samsung reportedly joins South Korea CBDC pilot. Indian-founded Rario launches cricket NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Samsung Plans to Participate in South Korea’s CBDC Pilot

Samsung Electronics will reportedly take part in the Bank of Korea (BOK)'s central bank digital currency (CBDC) pilot with a focus on remittances. ​The electronics giant plans to test the functionality of the pilot with its Galaxy smartphone and look at whether transactions can be completed without internet availability. "The Hash" squad discusses the implications for tech innovation in the crypto space in South Korea, which was once hailed as the next global blockchain hub.

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India Admits No Crypto Data; Korean Crypto Investor Numbers Plummet

Crypto mining investment outside China booms. India’s government admits it collects no data on crypto exchanges. Number of new crypto investors plummets in South Korea. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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