South Korea
Macau Considers e-CNY Rollout; Kimchi Premium Arbitrage on the Rise
Macau, one of the largest casino hubs globally, is studying the feasibility of CBDC applications with the help of the Chinese central bank. Top South Korean banks urge the banking industry to reject suspicious remittance applications as kimchi premium arbitrage rises. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Korea’s BTC Premium Nosedives; Officials Take Aim at Crypto
Government dismay at crypto frenzy in South Korea brings the country’s bitcoin premium down a few notches, but despite threats and policy chills, it’s only got more South Koreans interested in the dizzying crypto world. More on that story and other news shaping cryptocurrency and blockchain – in this episode of The Daily Forkast on CoinDesk TV, April 8, 2021.
South Korean Crypto Exchange OKEx to Shut Down
OKEx, one of South Korea’s largest crypto exchanges, announced it will close down due to new anti-money laundering (AML) guidelines that would make it too difficult to continue operating. “The Hash” panel breaks down what new Financial Action Task Force (FATF) draft guidelines might mean for the wider crypto world.
