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Tomorrow, First. News and intelligence for the agentic economy

  • 20% crypto tax is critical issue in next South Korea presidential election

    Candidates and possible contenders in South Korea’s next presidential election call for delaying a plan to tax virtual assets — currently scheduled to begin in January — in a bid to appeal to millennial and Generation Z voters. Fast facts Lawmakers from both the ruling democratic party and the opposition party have spoken out against…

  • Chinese President Xi Jinping underscores blockchain importance in transport

    Chinese President Xi Jinping said on Thursday at the United Nations Global Sustainable Transport Conference the country needs to uphold an innovation-driven approach and create more drivers for development. He specifically mentioned in his remarks the integration of blockchain. Fast facts Xi said more should be done to develop smart transport and smart logistics and…

  • E-CNY soft rollout continues as Beijing Capital Airport accepts CBDC payment

    The soft rollout of the electronic Chinese yuan (e-CNY) continues across China in advance of its expected formal launch in time for the Beijing Winter Olympics in February. In the latest sign, Beijing Capital International Airport has become the first airport in the country to support payment by the central bank digital currency (CBDC), which…

  • Ripple joins Digital Pound Foundation as it looks to expand its CBDC business

    Ripple, a San Francisco-based blockchain payments company, has joined the Digital Pound Foundation, a non-profit organization supporting the implementation of a digital pound in the United Kingdom, according to a Ripple blog post. Fast facts As a foundation member, Ripple will be represented on the board by Susan Friedman, Ripple’s head of policy. Other foundation…

  • Sotheby’s to auction digital art in a digital world

    Sotheby’s, the 277-year-old auction house, is launching its own immersive digital experience to offer prospective buyers a new way of engaging with the latest art-world craze — non-fungible token (NFT) artworks — according to a press release shared with Forkast.News. Fast facts Sotheby’s is creating a metaverse to allow users to explore and learn about…

  • Binance taps former Dubai financial services official as regulatory liaison chief

    Binance — the world’s biggest cryptocurrency by trading volume — today announced the appointment of Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer, according to a company statement. Fast facts McGinness’ appointment comes as Binance bolsters its compliance efforts and navigates regulatory headwinds…

  • Crypto mining pool AntPool to stop IP access from mainland China

    AntPool, currently the world’s second-largest Bitcoin mining pool in terms of real-time hashrate, announced today that it is stopping the connection of IP addresses from the Chinese mainland beginning Friday. Fast facts AntPool said in its statement it decided to make the adjustment to abide by the Chinese government’s relevant rules on crypto mining and…