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N. Korea Creating Its Own Cryptocurrency to Avoid Sanctions: Report

Friday, Sep 20 2019

Cryptocurrency

Written by FinTech News Brief Staff

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N. Korea Creating Its Own Cryptocurrency to Avoid Sanctions: Report

North Korea is developing its own cryptocurrency, hoping it will help the country circumvent international sanctions. So reports Vice.

There has been a growing interest in digital currency as the country recently brought together a number of experts during its first-ever cryptocurrency and blockchain summit in April. The new currency will be similar to Bitcoin, but does not have a name yet.

Click here to read the full article from Vice.

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