People
Interpol issues worldwide arrest warrant for Do Kwon
Interpol has issued a red warrant for Do Kwon following South Korea's request, obligating law enforcement worldwide to locate and arrest him.
Zeynep Geylan 3 min read
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Banking
Former IMF official believes CBDCs need to function offline to gain mass adoption
A new blog post by former IMF official tracked the history of offline CBDCs and why he thinks they should used worldwide to promote financial inclusion.
CBDCs
China arrests 93 people suspected of laundering 40B RMB via crypto
Chinese authorities also busted a money laundering operation in Fujian where criminals used the digital yuan to launder 200 million RMB.
Latest Asia Crypto News & Analysis
Crypto
CryptoSlate Wrapped Daily: Lebanon turns to crypto amid bank closures; FTX seeks to raise $1B; Zilliqa launches web3 gaming console
Binance launches Global Advisory Board to support responsible regulation of crypto, Russia's regulators agree to allow crypto use in international payments and much more in this edition of CryptoSlate Wrapped Daily.
Taxes
Korean tax authorities seize $185M worth of crypto from tax evaders since 2021
In 2020, North Korea implemented a system where authorities started seizing assets of delinquents and selling them if taxes remained unpaid.
Exchanges
Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26
India's WazirX, following the footsteps of the exchange giant Binance, said it will de-list USDC, USDP and TUSD on Sept. 26.
People
South Korea upgrades wanted status of Terra founder Do Kwon, asks for red notice
South Korean prosecutors have requested the cancellation of Kwon's South Korean passport because he was "on the run" and uncooperative.
Adoption
Vietnam leads global crypto adoption, U.S. comes fifth
Chainalysis's new report revealed that Vietnam, Philippines and Ukraine are the top three countries with highest adoption, while the U.S. comes fifth in line.
People
LUNA sinks 20% after South Korea issues arrest warrant for Do Kwon
Kwon’s arrest warrant is valid for one year and prosecutors are willing to try different tactics to bring to book.
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Regulation
Filecoin service provider RRMine moves to Singapore due to China’s crypto restrictions
Metaverse
South Korea sentences metaverse sexual abuser to 4 years imprisonment
Partnerships
Singapore’s DBS Bank enters the Metaverse with Sandbox Partnership
CBDCs