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South Korean Prosecutors Issue Do Kwon Arrest Warrant


South Korean prosecutors have issued an arrest warrant for Do Kwon (real named Kwon Do-hyeong) the, co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC. Kwon is currently residing in Singapore. Per Digital Today, South Korean prosecutors may seek aid from...

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform


Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across the country. Sberbank to Give...

Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession


A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel...

Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments


A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with...

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