Pressure is mounting ahead of Do Kwon’s upcoming U.S. sentencing as a federal judge reviews how his convictions relate to open cases in South Korea and Montenegro. The court is seeking clarity before deciding how long the Terraform Labs co-founder will stay in U.S. custody and whether his time abroad should factor into the final sentence.
AnchorX and BDACS have launched AxCNH and KRW1, stablecoins pegged to the offshore Chinese yuan and South Korean won, aiming to streamline cross-border payments and expand digital currency adoption.
The new South Korean president, Lee Jae-myung, is very favorable to bitcoin. The list of pro-bitcoin countries is growing day by day.
When Japan, China, and South Korea sit down at the same table, it's not to discuss the weather. In a world where trade tensions reshape alliances, their recent meeting could very well change the game in Asia... and beyond. Between promises, caution, and joint projects, a new geopolitical chapter seems to be unfolding in three voices.
The American and Western hegemony is being challenged by the rise of China. As Beijing continues to strengthen its economic influence across the globe, perceptions vary significantly depending on the income levels of nations. This analysis explores how China is reshaping the global economic landscape and the contrasting reactions from different regions of the world to this evolution.
The SEC's approval of Bitcoin ETFs could shake things up in Asia. Rumor has it that Hong Kong will give the green light before June.
The SEC's approval of Bitcoin ETFs could unlock things in Asia. It is rumored that Hong Kong will give the green light before June.
A captivating comic book illustration of a mysterious bitcoin whale swimming elegantly in the ocean. The whale is a vibrant orange hue, and its massive body is adorned with a distinctive "MR. 100 bitcoins" emblem. The background features a dynamic underwater world with various sea creatures, and the overall atmosphere is a blend of mystery and adventure.
Between China and the United States, the hatchet has never been buried. The trade war initiated by the two superpowers in 2018 took on a different form a year later. Since 2019, analysts have renamed this Sino-American antagonism the 'technology war.' It began with a decree banning Chinese technologies meant for equipping American 5G companies. Packs of sanctions followed this restriction, unfortunately creating a boomerang effect. Electronic giants specializing in bitcoin mining chips like Intel and Nvidia are suffering.
In South Korea, gold bars can now be purchased as easily as energy drinks. Since September 2022, gold vending machines have been installed in shopping malls by GS Retail. They are accessible on a self-service basis and are very popular with the public! Interestingly, most shoppers are in their twenties and thirties. This brings the debate about access to physical precious metals back onto the table.