THE HASH: South Korean Prosecutors Reportedly Freeze $39.6M in Crypto Owned by Do Kwon; Global CBDC Framework

This episode is sponsored by ZenGo.

The most valuable crypto stories for Wednesday, Oct. 5, 2022.

Prosecutors in South Korea have frozen 56.2 billion won ($39.6 million) of cryptocurrency assets belonging to Do Kwon, CEO of Terraform Labs, the firm behind the failed Luna stablecoin project, according to Korean media outlet News1. The “Hash” hosts discuss this, plus the European Union (EU) is proposing new sweeping legislation for crypto wallets and exchanges, basically setting standardization across the block. Also, SWIFT says it has proved it can be the way forward for global central bank digital currencies (CBDCs).

See also

South Korean Prosecutors Freeze $39.6M in Crypto Owned by Terraform’s Do Kwon: Report

SWIFT Says It’s Proved It Can Be the Way Forward for Global CBDCs

EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules

This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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