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American Citizen Arrested For Educating North Korea On Blockchain And Crypto

Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions.According to the November 29 announcement, the 36-year-old Griffith was arrested at the Los

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The UN: North Korea Laundered Money via Hong Kong-Based Blockchain Company

The United Nations is accusing North Korea of using a blockchain firm in Hong Kong to carry out money laundering schemes and other illicit activities. The English version of the Korean news outlet Chosun reported that the UN Security Council’s Sanctions Committee has initiate the investigation on North Korea regarding

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North Korea Needs Its Own National Crypto, CBDC Fever Spreads in Asia

It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all required resources — both technical and human — to implement this task. Will the government

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Altcoins Soar, Zuckerberg Turns on Charm, North Korea’s Coin: Hodler’s Digest, Sept. 16–22

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on CryptoX in one link.Top Stories This WeekAltcoins continue explosive bull run while

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North Korea to Develop Own Cryptocurrency to Battle Sanctions

According to a recent report, North Korea has started working on creating its own cryptocurrency in an attempt to emerge out of the setbacks imposed on the dictatorial state by international sanctions.Previously, Pyongyang had shown curiosity over digital transactions and has now assembled a team of national professionals joining global

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North Korea Expected to Launch Its Own Cryptocurrency Similar to Bitcoin

North Korea has set plans in motion to create its own cryptocurrency that will be similar to Bitcoin or other cryptocurrencies. The crypto will help the country avoid international sanctions and evade the global US-dominated financial system. North Korea to Introduce Own Crypto A representative of the regime has indicated that

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