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South Korean cryptocurrency industry claps back; Bitcoin’s nosedive | The Daily Forkast

Crypto investors in South Korea stir petitions to unseat the nation’s financial watchdog chief for his anti-crypto remarks.

Cryptocurrency investors in South Korea strike back at authorities’ anti-crypto rhetoric.

A series of national petitions including one to unseat financial watchdog chief Eun Sung-soo gained traction after he disregarded cryptocurrencies as “real currency”.

The crypto market swims in seas of red as 13% of its total market cap is shaved off in the past 24 hours.

We’ll have more on that story — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast, April 23.