South Korea

Seoul will organize visits to crypto exchanges for regulatory oversight. Singapore’s Stake Technologies completes a U.S. $10 million fundraiser to meet parachain goals. Australian office space company Business Hub to allow crypto as rent payment option next year. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Hun 11, 2021

Dozens of Weibo crypto accounts were banned over flouting platform guidelines and laws. Executives and employees of SK crypto exchanges were barred from trading on their platforms. A Chinese chipmaker launches chip that supports ETC and ETH mining. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Hun 7, 2021

Singapore startup SpaceChain will send its blockchain tech to the International Space Station aboard Falcon 9. Cardano announces its first cross-chain bridge with China’s Nervos Network. Indian cryptocurrency exchange WazirX and Korbit in South Korea launch, their nation's first NFT platforms. We’ll have more on that story – and other news shaping the cryptocurrency and blockchain world – in this episode of The Daily Forkast, June 2.

Hun 3, 2021

South Korea has lost $5 billion due to crypto-related crime over the past five years as fraud and scams surge across Asia. China’s Sichuan province looks to weigh the effects of a crypto mining ban on the region’s hydropower generation. Back in South Korea, crypto is becoming a reason for couples to get divorced. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

May 28, 2021

The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

May 14, 2021

FTX CEO goes one-on-one with Forkast.News to talk about tokenized stocks and the importance of licenses to innovate the finance industry. South Korean police officers speak out against anti-crypto policy. Governments such as South Korea continue to grapple with crypto concerns, but Singapore is turning to education over regulation. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

May 11, 2021

While Bitcoin Cash surges, we talked to a Japanese coffee shop owner who just started accepting BCH as payment yesterday. Buying bubble tea with a digital yuan China’s DCEP pilot program continues to expand. Police in Korea are told no to crypto, but who will police the police?

May 7, 2021

One of South Korea’s largest banks, KB Kookmin Bank, has launched Korea Digital Assets (KODA), an over-the-counter and custody service aimed at institutional crypto investors. Experts say that the bank is likely testing the waters to see how the government reacts.

May 4, 2021

The world’s biggest cryptocurrency exchange Binance announced the upcoming launch of its own NFT marketplace this June. The platform will support Binance Smart Chain and Ethereum, hoping to expand its ecosystem to other blockchains such as Tron, Flow and Wax. Over in South Korea, the Financial Services Commission warned its employees to disclose personal crypto investments.

Abr 27, 2021

The CEO of Turkey-based crypto exchange Thodex is still missing, along with hundreds of millions of dollars in users’ funds, after the exchange went dark last week. The Turkish government is investigating Thodex’s collapse and threatening further crypto crackdowns. Nik De reviews the situation in Turkey. Plus, an update on regulations in South Korea.

Abr 26, 2021