South Korea mandates new accounting rules for domestic crypto sector
South Korea’s FSC is requiring companies that issue or own cryptocurrencies to provide detailed crypto disclosures from 2024.
-
-
NFT recovery or new bottom discovery?
Blur has been adding demand for specific collections by incentivizing floor NFT trading, which may have mitigated aggressive price undercutting for liquidty.
-
Crypto ‘extremely speculative’ investment, not money, says Bank of England Governor Bailey
Bank of England governor Andrew Bailey said Bitcoin and other cryptocurrencies don’t meet standards to be recognized as money.
-
Despite the regulatory darkness in America, crypto’s dawn is nigh: Opinion
Crypto’s current turmoil in the US stands in stark contrast to other jurisdictions that are paving paths to for the industry to shine, writes Sean O’Connor.
-
South Korea, Singapore, Thailand clarify crypto rules as U.S. in state of regulatory ‘warfare’
While Asia nations such as Singapore and Thailand seem to be following the U.S. regulator in frowning upon certain products offered by crypto exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America
-
How did Do Kwon move US$18 mln in stablecoins to ‘unfreezable’ tokens while in Montenegro jail?
A South Korean academic tracking on-chain data says Do Kwon, the imprisoned founder of the now collapsed Terra-Luna crypto project, seems to have outside help in moving stablecoins from his digital wallets into other cryptocurrencies.
-
The NFT market’s historic new lows
NFT market recovers after Azuki’s Elementals mint debacle as traders report liquidity issues amidst price tumble.
-
Global shifts in crypto capital are underway. Here’s where the money is going
Digital assets funds have been flowing in waves all over the world since crypto’s inception, writes Amy Yu, CEO of SEBA Bank. Where is crypto capital going now?
-
Blockchain Alliance’s Raj Kapoor says the technology can reshape India’s governance systems
Kapoor founded the India Blockchain Alliance five years ago and gives an update on how the technology is being used in police reports to real estate transactions, as well as challenges of CBDC adoption and plans for tokenization of assets. He spoke in an interview for Forkast IQ.