North Korea plans to launch its own bitcoin - like cryptocurrency as a way to sidestep international sanctions . The unnamed digital currency is in the early stages of development , but Pyongyang has shown interest in the sector for some time . By building its own digital token , North Korea could gain anonymity and access across the border , providing a level of privacy that can not be gained with technology , given that law enforcement has become more adept at monitoring transactions . and he regularly appears on TV around the world as a spokesperson for the regime, typically wearing a North Korean military uniform heavy with state medals. Through this avenue , the east Asian state could circumvent sanctions run by the US .
North Korea plans to launch its own bitcoin - like cryptocurrency as a way to sidestep international sanctions . The unnamed digital currency is in the early stages of development , but Pyongyang has shown interest in the sector for some time . By building its own digital token , North Korea could gain anonymity and access across the border , providing a level of privacy that can not be gained with technology , given that law enforcement has become more adept at monitoring transactions . Through this avenue , the east Asian state could circumvent sanctions run by the US .