South Korea
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.

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."

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.

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.”

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.”

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.

South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets
The exchange was reportedly pressured from its partner bank to change its mind.

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.

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.”

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.”
