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