A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors.


RUSI: North Korea Has ‘Gone To Extremes’

Published April 12, the report, Closing the Crypto Gap: Guidance for Countering North Korean Cryptocurrency Activity in Southeast Asia, comes courtesy of the Royal United Services Institute for Defence and Security Studies (RUSI).

In it, researchers examine North Korea’s history of involvement in cryptocurrency – with varying levels of proof – as it pertains to widespread cyberattacks, targeting specific entities or the entire globe.

“North Korea has gone to extremes to raise funds and evade international sanctions, recently expanding these efforts to include the exploitation of cryptocurrencies such as Bitcoin,” a summary of the report begins.

As Bitcoinist has frequently reported, the exact role North Korea plays in cyberwarfare, and cryptocurrency-based campaigns in particular, is subject to considerable doubt.

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Source: https://thebitcoinnews.com/north-korea-cryptocurrency-report-urges-southeast-asia-to-mitigate-threat/