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2020-02-13 11:40:51

Monero mining operations: Can crypto save North Korea from sanctions?

North Korea has developed new software to engage in mining Monero cryptocurrency as an alternative to avoid sanctions. The regime in North Korea has been in the news recently with several accusations of cryptocurrency theft and scams. The Asian country has received several financial sanctions from the United States and other western nations due to the refusal of the regime to suspend its ballistic missile and nuclear enrichment programs. North Korean leader Kim Jung Un has been accused of using cryptocurrency to generate illegal revenue for his projects and the country’s military acquisitions. Why is North Korea interested in Monero