Posted by : Brij Bhushan Thursday 19 September 2019


North Korea is supposedly preparing to develop its own cryptocurrency to dodge the strict international sanctions crippling its economy, VICE News reports. The project was announced by Alejandro Cao de Benos, the head of “Korean Friendship Association,” a group that seeks to promote international relations with the Democratic People’s Republic of Korea (DPRK). Cao de Benos told reporters that the token won’t be a digitized version of the North Korean Won, but that they’re still figuring out exactly what will give it value. He also said it’ll be “more like Bitcoin or other cryptocurrencies,” which makes almost no sense and should be…

This story continues at The Next Web

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