Page 1 of 1

North Korea Plans on Using Bitcoin to Bypass Sanctions

Posted: Thu Apr 18, 2019 3:59 pm
by Vladar49
A recently published report by the Royal United Services Institute (RUSI) for Defense & Security Studies, shows how DPRK - Democratic People’s Republic of Korea (North Korea) wants to exploit Bitcoin and other major cryptocurrencies, especially in Southeast Asia, so as to bypass international economic sanctions.

The report also explains 3 key areas (fundraising, stockpiling & circumvention) that could describe North Korea’s cryptocurrency activities.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: http://bit.ly/2GsRLc5

Image

Re: North Korea Plans on Using Bitcoin to Bypass Sanctions

Posted: Tue Apr 23, 2019 3:54 am
by Vlad96
It is not the first time when countries want to use cryptocurrencies to bypass restrictions. Is it a good tendency or not?