The Traderszone Network

Published in TZ Latest News 12 September, 2017 by The TZ Newswire Staff

Is North Korea Using Bitcoin To Get Around UN Sanctions?

The latest round of United Nations sanctions against North Korea are designed specifically to prevent Kim Jong Un from obtaining hard currency. Luckily for the Kim regime, there’s always bitcoin.

According to Bloomberg, the isolated country, facing further restrictions on exports that would bring in desperately needed Chinese yuan, has increasingly been turning to bitcoin to circumvent the sanctions.

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