Bitcoin can’t save world’s autocrats from the sanctions squeeze - News Summed Up

Bitcoin can’t save world’s autocrats from the sanctions squeeze


Kim Jong Un’s hackers are stealing digital cash. Any autocrat eyeing bitcoin as a sanctions safe haven must confront a simple matter of scale. Cash isn’t going away any time soon.”Curbing the marketMoreover, regulators are quickly moving to rein in digital currencies. And on Thursday, South Korea’s justice minister reiterated a proposal to ban cryptocurrency exchanges altogether. Digital currencies offer states a covert way to fund other sorts of mischief, such as financing armed rebel groups or bribing politicians, said ASPI’s Uren.


Source: Mint January 16, 2018 00:22 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */