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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.
News
The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally.
Kim Jong Un May Be Using Stolen Crypto to Offset Economic Fallout
Felipe Erazo
2020-05-14T22:45:00+01:00
6590
News
New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest crypto crime analyses.
Chainalysis’ Crypto Crime Intelligence Briefs Cast Spotlight on North Korea and Iran
Marie Huillet
2020-05-05T12:20:00+01:00
8017
Hodler’s Digest
Uncertainty over where Bitcoin will go after its $9,400 rally, a well-known BTC educator criticizes Chainalysis, and nerves over North Korea’s crypto holdings.
What’s Next for BTC, Chainalysis Criticized, Crypto Fears Kim Jong Un’s Death: Hodler’s Digest, April 27–May 3
Thomas Simms
2020-05-03T22:00:00+01:00
23688
News
Following much speculation in the press in recent weeks, a friend of the DPRK has said that Kim Jong-un is in good health.
DPRK Insider: Kim Jong-Un in Good Health, Crypto Will Help Fight Imperialism
Adrian Zmudzinski
2020-04-29T15:03:00+01:00
14822
News
Following rumors of the death of North Korea’s Kim Jong-Un, reports begin circulating that the country’s Bitcoin reserves will see mass sell-off.
Crypto Community Fears North Korean BTC Sell-Off Amid Rumors of Kim Jong Un’s Death
Adrian Zmudzinski
2020-04-27T17:59:00+01:00
16838
News
Two Chinese nationals acting for North Korean used ‘peel chains’ and doctored KYC photos to help launder more than $100 million in stolen cryptocurrency.
Revealed: How North Korea Laundered $100 Million of Stolen Crypto
Samuel Haig
2020-03-13T05:25:00+00:00
7600
News
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was sto...
US Government Sanctions Two Chinese Nationals in Connection With Lazarus Group Hack
Michael Kapilkov
2020-03-02T23:41:00+00:00
5414
News
North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies.
North Korean Internet Use Spikes 300% as Regime Turns to Cryptocurrencies
Helen Partz
2020-02-11T14:03:00+00:00
4931

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