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” Here’s how Asian countries deal with crypto sanctions against Russia “ Amid the United States and the European Union taking measures to prevent Russia from using cryptocurrencies to potentially evade sanctions, some countries in Asia have also been moving to respond to the situation. Japan to fine crypto exchanges for violating sanctions Japan became…
” Law Decoded: Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14. “ As Russia’s self-styled “special operation” against Ukraine continues, crippling economic sanctions remain the Western powers’ primary weapon to counter Russia’s military actions without triggering an even more dramatic escalation. As NATO and allies’ financial offensive…
” Crypto-friendly Yoon Suk-yeol wins Sth Korean presidency, ICX surges 60% “ Conservative South Korean presidential candidate Yoon Suk-yeol has officially been elected as South Korea’s next president. The election was one of the closest in South Korean history, according to BBC coverage, which saw Yoon, representing the conservative People Power Party, claim victory over…
” Nifty News: Women’s Day in the Metaverse, Potion Unlock NFT auction, and Papa John’s brand new bag “ NFT platform HeyLayer has partnered with the Stacks Foundation to host an event in the vSpace Metaverse to celebrate International Women’s Day. The ‘HerNFT’ event will feature the work of more than 30 women nonfungible token…
” Korean blockchain experts seek the government’s help for digital asset market “ The Korea Digital Asset Industry Committee comprising of leading Blockchain experts in South Korea has called for the formation of a government committee dedicated to helping and advancing digital asset businesses in the country. The group of experts gathered on Thursday to…
” Crypto Biz: Another billionaire admits he was wrong about Bitcoin, Feb. 25-Mar. 3 “ After spending years ridiculing Bitcoin and cryptocurrency, Wall Street’s billionaire class is finally warming up to the idea of virtual assets powering the digital economy. This week, Citadel founder and billionaire Ken Griffin formally backtracked on his anti-crypto stance as…
“# South Korea to invest $187M in national Metaverse project ” South Korea’s Ministry of ICT, Science, and Future Planning pledged 223.7 billion KRW ($186.7 million) to create a broad Metaverse ecosystem to support the growth of digital content and corporate growth within the country. The Ministry wrote in an official statement on Feb. 27…
“# KB Bank to launch South Korea’s first crypto investment fund ” Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21 that it had formed a Digital Asset Management Preparatory Committee to determine product and strategy capabilities regarding digital assets…
“# The virus killer: How blockchain contributes to the fight against COVID-19 ” On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any user to “instantly verify the provenance and…
“# Bithumb to block crypto withdrawals to unverified private wallets ” Starting on Jan. 27, the South Korean crypto exchange Bithumb will not allow users to withdraw their crypto assets to unverified private wallets. On Jan. 24, the exchange announced that it would be the second of the four major exchanges in the country to…