South Korea


Finance

7 Crypto Exchange Executives Handed Prison Sentences for $1.7B Fraud in South Korea: Report

The exchange's former CEO was sentenced to 22 years in prison.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Videos

Bithumb Goes for Olympic Gold; India Crypto Tax Questions

Japanese megabank to take advantage of stablecoin law. Korea’s Bithumb gets in on Winter Olympics action. Lack of clarity clouds India crypto tax. 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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Policy

GameFi Faces Regulatory Headwinds in Major Asian Markets

As cryptocurrency investors look to GameFi as the industry’s latest vertical, experts warn gaming and crypto’s most important markets will provide regulatory challenges for the industry.

Axies from the play-to-earn game Axie Infinity.

Videos

Warner Music Partners With the Sandbox, Crypto Lunar New Year Gifts

Korean game developer Netmarble plans to issue own cryptocurrency. Warner Music Group partners with The Sandbox to create metaverse land. Crypto still a niche gift for Lunar New Year. 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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Videos

Russian Ministry Against Crypto Ban, Korea Plans Metaverse Protection

Russia’s Ministry of Finance opposed to crypto ban. Korea steps up efforts to protect metaverse users. NFT and crypto markets diverging. 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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Finance

A Struggling South Korean Museum Is Auctioning National Treasures; Meet the 2 DAOs Trying to Buy Them

The Gansong Art Museum will be auctioning the sculptures, which the DAOs hope to keep on public display.

Seoul, South Korea (Getty Images)

Policy

South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets

The exchange was reportedly pressured from its partner bank to change its mind.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Policy

Bank of Korea Says First Phase of CBDC Test Completed Successfully

South Korea's central bank will now test offline payments and protecting personal IDs.

Bank of Korea

Videos

Binance Partners With Gulf Energy, Polygon’s Upgrade Live

Binance partners with Gulf Energy to establish a Thai crypto exchange. Korean public broadcaster opens metaverse studio for election. Polygon’s mainnet upgrade goes live. 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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Videos

Korean Lawmaker Accepts Crypto; Australian Open Enters Metaverse

Chinese University launches virtual campus. Korean lawmaker accepting crypto donations. Australian Open welcomes virtual visitors to metaverse experience. 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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