UN Security Council Sanctions Committee: North Korea suspected of money laundering through blockchain companies

According to the quarterly report of the UN Security Council Sanctions Committee, North Korea was suspected of using a Hong Kong blockchain company to launder money. According to reports, North Korea established a transportation and logistics company operating in a blockchain platform in Hong Kong in April to evade international sanctions. The committee also said. According to previous reports, North Korea is developing its own early stage of cryptocurrency to avoid international sanctions and bypass the US-based global financial system.