South Korea


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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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Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time

Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back in time. 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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India Seeks Crypto Advice, K-Drama Joins NFT Bandwagon

Indian High Court seeks advice on crypto advertising disclaimers. Hong Kong customs make the first crypto-related money laundering bust. K-drama “Vincenzo” joins the NFT bandwagon. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Korean Banks Extend Crypto Contracts, Axie Infinity Tokens Surge

Korean banks extend crypto exchange account contracts. Axie Infinity token prices surge. Korea’s Ulsan National Institute of Science and Technology offers crypto-rewards for bathroom breaks. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Delta Variant Spooking Crypto Markets? Fresh Warning on Crypto Payments

Concerns over the COVID-19 Delta variant hit markets as investors flock towards Bitcoin. Thailand’s central bank issues stark warning on cryptocurrency payments. South Korea's third major bank to provide crypto custody services. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Meitu to Lose Big on BTC Investments, South Korea Banks Warned Over Crypto Laws

Tech giant Meitu foresees a US$17.3 million loss in its Bitcoin investment. South Korea’s Financial Services Commission tells banks they’re responsible for ensuring and verifying crypto exchange contracts. With the launch of K-pop star Se7en’s latest NFTs, we look at why musicians are going big on this tech. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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