Legal
South Korea tightens circle on Do Kwon, arrests his aide
South Korean authorities arrested Terra's Head of General Affairs and gave Kwon 14 days to return his passport before it is invalidated.
Zeynep Geylan 2 min read
Asia Crypto News
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
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People
Do Kwon deems news of $40M crypto freeze a ‘falsehood’
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Japan to invest in metaverse, NFTs to drive implementation of Web3 services
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Adoption
Sweden’s central bank tests CBDC for retail and international remittance payments
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Crime
Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’
The WSJ reported that a spokesman for the firm claimed the failed Luna crypto asset was not a security, so South Korea’s capital-markets law did not cover it.
Crime
Do Kwon, LFG deny cashing out 3313 BTC
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Regulation
Thailand’s SEC sues 5 for wash trading activities
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Regulation
Japan to tighten laws to prevent money laundering via crypto by May 2023
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Mining
Usage of non-renewable energy in Bitcoin mining increased by 13% in 2021
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Banking
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CBDCs
