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: ReportSWIFT Says It's Proved It Can Be the Way Forward for Global CBDCsEU 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.”ZenGo crypto wallet is an on-chain crypto wallet with no private key vulnerability, leveraging advanced cryptography called MPC. Get started at ZenGo.com/HASH and use code HASH to get $20 back on your first purchase of $200 or more. Terms and conditions apply. See site for details.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.