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Friday, May 3, 2024

Bithumb, OKEx roiled by Korea’s new regulations. Why Thailand hates baht-pegged stablecoins. What’s behind Metakovan’s NFT art mega buys?

In this issue

  1. Bithumb, OKEx crypto exchanges roiled by South Korea’s new regulations
  2. Bank of Thailand declares baht-pegged stablecoins to be illegal
  3. Japan’s SBI Crypto opens mining pool to the public
  4. Metakovan revealed — and why he is buying up Beeple’s NFT art 
  5. In China, more companies turn to crypto to boost their bottom line

From the Editor’s Desk

Dear Reader,

The times they are a’changin’. Bob Dylan might have very well written his anthem of change not for the 1960s, but for this 21st century age of financial evolution.

As more and more dollars flow into Bitcoin, cryptocurrencies and blockchain firms; a transfer of influence is now starting to happen. Cypherpunks are being displaced by institutional investors. Early holders of Bitcoin can happily sell their once-upon-a-time easily mined crypto, trading it in for that beach house (if they haven’t done so already). In…

Read more…

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