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Uncovering the Motives Behind North Korea’s Crypto Conference

Follow up On Jan. 15, the United Nations warned that attending North Korea’s cryptocurrency conference in February will likely constitute a sanctions violation. According to Reuters, this notice was issued in a confidential report that will be submitted to the U.N. Security Council later this mont..

United Nations Says Stay Away From North Korean Crypto Conference

News The United Nations has warned that attending a North Korean cryptocurrency conference in February is likely to constitute a sanctions violation, according to a report by Reuters on Jan. 15. The report follows last week’s indictment of Ethereum Foundation researcher Virgil Griffith on charges ..

United Nations Must Embrace Blockchain: UN Secretary-General

News United Nations (UN) secretary-general António Guterres said the organization must embrace blockchain technology. According to a Dec. 28 Forbes report, Guterres believes that blockchain should be among the technologies used by the UN. “For the United Nations to deliver better on our mandate i..

UN to Prevent Hong Kong Migrant Workers Exploitation with Blockchain

News Blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers in Hong Kong. According to a Diginex press release published on Dec. 16, the tool was d..

UN Claims Hong Kong Blockchain Firm Is North Korean Laundering Sham

News The United Nations Security Council's Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. As South Korean newspaper Chosun Ilbo reported on Nov. 6, the committee conducted an investigation into the various st..

Sierra Leone Aims to Finish National Blockchain ID System in Late 2019

News The government of Sierra Leone plans to fully adopt a blockchain-enabled national identity system by the end of 2019. United Nations involvedPresident of Sierra Leone Julius Maada Bio reportedly claimed that the new infrastructure will allow financial institutions to verify identities and bui..

UN Official: Cryptocurrency Makes Criminals Harder to Catch

News Neil Wals, chief of the United Nations Office on Drugs and Crime Global Cybercrime Program, warned that cryptocurrencies have made combating money laundering significantly harder. Australian news outlet ABC reported on Aug. 29 that Wals said cryptocurrencies make fighting cybercrime, money la..

BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging

Recap On July 25, 2019, United States prosecutors filed a complaint against the defunct cryptocurrency exchange BTC-e and its alleged former operator, Alexander Vinnik. The indictment was filed nearly 24 months after Vinnik was arrested in Greece while on holiday with his family and has followed n..

North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN

News North Korea has netted around $2 billion by hacking banks and cryptocurrency exchanges, according to the United Nations (U.N.). UN: Hacked crypto funds weapons of mass destructionIn a confidential report acquired by mainstream media outlets including Reuters on Aug. 5, the U.N. Security Counc..

Venezuelan Petro Against US Sanctions: History and Use of the Crypto

In depth For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need for the utility. The South American country has hosted escalating political tension for years, as skyrocketing hyperinflation, electricity blackouts and shortages ..

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