Crypto Utilized to Evade US Sanctions in North Korea

Crypto Utilized to Evade US Sanctions in North Korea

North Korea has been utilizing cryptocurrency in an effort to evade the US sanction as reported by two experts based in Washington. An Independent financial intelligence analyst, Lourdes Miranda explained, “International criminals everywhere prefer crypto-currencies and the DPRK is no exception. Crypto-currencies have the added advantage to the DPRK of giving them more ways to circumvent US sanctions.”

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