Unfortunately, not all foreign states are using cryptocurrencies for reputable purposes.
The Iranian general urged the nation to seek more sophisticated measures to counter the mounting international sanctions, including the use of cryptocurrencies
Virgil Griffith visited North Korea last year to discuss cryptocurrency in violation of international sanctions.
The February conference has been flagged in a confidential report, in which experts warn developers not to attend the event.
The Department of the Treasury is so convinced that North Korea was the source of attacks that it has issued new sanctions against the cyber groups involved.
The U.S. Treasury Department has implemented blocks against Evrofinance Mosnarbank after it was allegedly shown to support Venezuela’s Petro cryptocurrency and was the “primary international financial institution willing to finance” the coin.