North Korea is developing its own cryptocurrency - to avoid sanctions, circumvent US-dominated financial system

North Korea hosted a blockchain and cryptocurrency conference in April. The country is developing its own digital currency..

Alejandro Cao de Benos is the official in charge of North Korea's cryptocurrency conferences, and a special delegate for the Committee for Cultural Relations for the Democratic People's Republic of Korea (DPRK).

  • "We are still in the very early stages in the creation of the token. Now we are in the phase of studying the goods that will give value to it"
  • adding that there are "no plans to digitize the [North Korean] won for now."

Link here for more

North Korea hosted a blockchain and cryptocurrency conference in April. The country is developing its own digital currency..

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access