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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.
Korbit, Korea’s largest Bitcoin exchange has announced the launch of Ethereum Classic trading, which enables Korbit users to purchase and sell ETC for KRW, with...
Korea's Largest Bitcoin Exchange Supports Ethereum Classic, Eliminates All Fees
Joseph Young
2016-08-11T14:17:00+01:00
1275
French investment banking firm AXA is eying to use bitcoin for remittances; Australia-based Bitcoin mining operator Bitcoin Group is closer to being listed on t...
SEP 8 DIGEST: AXA Bank Considers BTC for Remittance Market; Bitcoin Group’s IPO Back on Track
Aaron van Wirdum
2015-09-08T12:46:00+01:00
650
South Koreans get a first look at Samsung’s new mobile payment solution, P2P lending company BLender secures new funding and more top stories from this week in ...
FinTech Digest: Samsung Pay Launches Trial Service, BLender Raises $5M, Bitcoin Transactions Up Over 500% in Latin America
Connie Kearney
2015-07-18T14:36:00+01:00
525
The number of bitcoin merchants surpassed the 100,000 mark in 2015 and has grown across Europe and Asia due to the expansion of well-established bitcoin startup...
Bitcoin in North Korea and Other Places You’d Never Expect
Joseph Young
2015-05-24T16:07:19+01:00
1536

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