Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Macau, one of the largest casino hubs globally, is studying the feasibility of CBDC applications with the help of the Chinese central bank. Top South Korean banks urge the banking industry to reject suspicious remittance applications as kimchi premium arbitrage rises.