June 29, 2021

Memes, NFTs, sanctions: North Korea and the evolving world of cryptocurrencies

Featuring Yaya J. Fanusie

Source: NK News

Journalist Won-Gi Jung

As the market for cryptocurrency grows and the wider public engages with the technology behind it, there are new opportunities for illicit actors like North Korea to take advantage of the emerging digital space.

At the same time, the reclusive country has inspired artists and others online to create new blockchain assets and one-of-a-kind works of art.

One such example is Kim Token, a crypto-asset that launched in early 2018 for the purpose of sponsoring “the North Korean manned lunar mission” and to “lay a foundation for further space exploration.”

Read the full story and more from NK News.

Authors

  • Yaya J. Fanusie

    Adjunct Senior Fellow, Energy, Economics and Security Program

    Yaya J. Fanusie is an Adjunct Senior Fellow at the Center for a New American Security (CNAS). His research focuses on the national security implications of cryptocurrencies an...