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South Korea Reportedly Asks Interpol to Issue Red Notice for Do Kwon; UK Regulator’s FTX Warning
According to a Financial Times report, authorities in South Korea are asking Interpol to issue a “red notice” for Do Kwon, the co-founder of the now-defunct stablecoin issuer Terraform Labs, as his current location is unknown.
Blockchain Association Sets Up New Crypto Industry PAC
The Blockchain Association is adding its own political action committee, called BA PAC, to the crypto industry’s growing array of campaign finance efforts seeking to steer the U.S. government’s debate over digital assets.
Gaming Is Best On-Ramp for Africans to Get Into Crypto: Nestcoin CEO
Nestcoin CEO Yele Bademosi joins "First Mover" to discuss Nigeria's interest in cryptocurrency and the current state of user adoption amid the crypto winter. Plus, a closer look at gaming guild Metaverse Magna, which calls itself the largest gaming community in Africa, after it has raised $3.2 million at a $30 million valuation.
SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs each want a federal judge to rule either that the crypto company affiliated with the XRP cryptocurrency violated federal securities laws or otherwise dismiss the lawsuit without requiring a lengthy trial. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
Could Blockchain Save the Planet?
Does blockchain have the potential to save our planet? Host Joel Flynn takes a deep dive into the question and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Rep Himes: ‘Notable Momentum’ in Washington on Crypto Regulation
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from his recent interview with Rep. Jim Himes (D-Conn.) about his reaction to the White House's framework for digital assets. Plus, why Meta CEO Mark Zuckerberg's introduction of his Libra crypto project to Congress was "catastrophic."
Africa Has This ‘Crazy Crypto Obsession,’ Nestcoin CEO Says
Crypto gaming guild Metaverse Magna wants to build Africa’s largest gaming DAO. Nestcoin CEO Yele Bademosi says they’ve reached a total community size of around 100,000, but notes the bulk of those users come from Nigeria and Ghana.
Blockchain Association Exec: 'New Era of Policymaking' in Washington
Blockchain Association Director Kristin Smith reacts to the Biden Administration's latest guidelines released last week for digital assets, characterizing the reports as "disappointing." Smith also adds why she thinks Washington is in a "new era of policymaking."
We Are in the 'Middle Innings' of a Recession: Global X ETF Exec
"Given the aggressive stance that the Fed has taken in terms of raising interest rates, I think that we are probably in the middle innings of a recession," Adam Sze of Global X ETFs tells "First Mover." Plus, he explains why this crypto winter "feels different" compared to previous cycles.
Bitcoin Sinks Below $19K Ahead of Key Fed Decision
Bitcoin (BTC) slips below $19,000 ahead of the upcoming FOMC meeting this week. Adam Sze, SVP and head of digital assets at Global X ETFs, discusses global recession concerns and his outlook on the crypto markets. Plus, his prediction on the Fed's next expected interest rate hike.