North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies.
North Korea News
North Korea, officially the Democratic People’s Republic of Korea, is an East Asian country on the Korean Peninsula. North Korea’s population is over 25 million people, 1.21 million of which are active-duty soldiers. North Korea is under the rule of its leader Kim Jong-un, who is considered to have the most human rights violations in the contemporary world. North Korean laws made its economy heavily nationalized, which even led to a refusal of a taxation system. North Korean Bitcoin policies are yet to be officially established as their nationalized economy, closed borders, anti-human mobility laws and censorship of the internet all make it extremely hard for North Koreans to have some use for Bitcoin. Cryptocurrencies, as a money without central authority and high anonymity, violate North Korean laws that were not established specially for blockchain-based technologies, but previous laws crafted for other purposes.
- Bitcoin Price Reclaims $10K Reversing Weekend Losses, XTZ Soars 13%
- Crypto Exchange Tokenomica Now Offers OTC Crypto-to-Euro Trading
- Is Bloomberg Looking to Take Yang's Spot as the Crypto-Friendly Candidate?
- Peter Schiff ‘Concedes’ Bitcoin Profitable, But Won’t Succeed as Money
- China Tracks Victims of Coronavirus with WeChat and Alipay