UN warns experts not to attend cryptoconferences in North Korea

The United Nations recommends that blockchain developers and experts stay away from cryptoconferences in North Korea, as this may be seen as helping to circumvent sanctions.

UN Security Council to consider document onpotential risks associated with technical advice and assistance in this area. Such actions may constitute a violation of the International Law on Extraordinary Economic Powers.

The UN fears that DPRK information received from experts will be use to circumvent sanctions, as well as hack crypto-exchanges and banks to obtain funds to finance their missile program.

This news came afterEthereum Foundation developer Virgil Griffith was accused of violating the US sanctions law for attending last year’s North Korean cryptoconference. Prosecutors in the case say he also encouraged other citizens to attend the event.

On the website of the February conference in the DPRK, it is said that foreign experts will be provided with a paper visa and not stamped in their passports, so there will be no evidence of entry into the country.