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North Korea News

North Korea, officially the Democratic People’s Republic of Korea, is an East Asian country on the Korean Peninsula. North Korea’s population is over 25 million people, 1.21 million of which are active-duty soldiers. North Korea is under the rule of its leader Kim Jong-un, who is considered to have the most human rights violations in the contemporary world. North Korean laws made its economy heavily nationalized, which even led to a refusal of a taxation system. North Korean Bitcoin policies are yet to be officially established as their nationalized economy, closed borders, anti-human mobility laws and censorship of the internet all make it extremely hard for North Koreans to have some use for Bitcoin. Cryptocurrencies, as a money without central authority and high anonymity, violate North Korean laws that were not established specially for blockchain-based technologies, but previous laws crafted for other purposes.
Despite Japan’s friendly approach to cryptocurrencies, a ban of ICOs is still possible.
ICO Ban in Japan - a ‘Definite Possibility’
Darryn Pollock
2017-10-16T19:35:00+01:00
16538
Price Analysis
Bitcoin price is not affected by regulations, but the trade volume is
Bitcoin Price Booming but Global Demand Takes Hit From Regulations
Darryn Pollock
2017-10-13T11:35:00+01:00
21417
SegWit2x appears to have made an enemy of South Korea’s Seoul Bitcoin Meetup, which has confirmed its “staunch opposition”.
Korea’s Biggest Bitcoin Meetup Publicly Condemns SegWit2x
William Suberg
2017-10-12T15:55:00+01:00
18448
Price Analysis
Why Bitcoin price is eyeing out a new all time high, but still needs a few things to get there.
4 Things That Can Push Bitcoin Price to $5,000 and Beyond
Darryn Pollock
2017-10-10T10:15:00+01:00
32164
Adoption
Ripple’s CEO believes that too many companies are treating Blockchain tech like a science experiment.
Ripple CEO Takes Swipe at Science Experiment ‘Blockchain Tourists’
Darryn Pollock
2017-10-05T14:15:00+01:00
12280
Regulations
Despite panic surrounding criminalization of ICOs in Korea, the effect was already priced in.
South Korea ICO ‘Ban’: Bitcoin Price, Ethereum Show Market Not Impressed
William Suberg
2017-09-29T08:20:00+01:00
20060
Adoption
Korean Bitcoin exchange Korbit is now 65% property of gaming conglomerate Nexon.
Korean Media Giant Buys 65% Of Bitcoin Exchange Korbit For $80 mln
William Suberg
2017-09-28T11:05:00+01:00
15859
Opinion
With more UN restrictions, North Korea may turn to digital currency as a way out.
North Korea May Sidestep UN Sanctions with Bitcoin: Opinion
Chrisjan Pauw
2017-09-15T14:50:00+01:00
18157

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