North Korea ‘Increasingly’ Uses Crypto to Avoid US Sanctions, Experts Claim

[micko09]

North Korea is "increasingly" using cryptocurrencies to evade sanctions imposed by the U.S., according to two Washington-based experts cited by news site Asia Times on September 24.

Lourdes Miranda and Ross Delston sent a joint response to an Asia Times' inquiry regarding the use of crypto by the government of North Korea (DPRK). Miranda is an independent financial analyst and a financial crimes investigator, and Delston is an independent attorney and expert witness in money laundering cases.

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[felixesteban]

Many countries in the world have started to take steps in the same direction. Venezuela is the first example of this , Iran considers to launch its digital currency as well. we can expect such approaching from China and Russia in later times . There are serious searches to escape from international sanctions and to break the impact of the American dollar.

[cowz]

I think this is what will drive crypto forwards, it's not just tech enthusiasts and libertarians, it's countries that have troubled economies and or have been sanctioned by the UN or US.