N. Korea Announces Int’l Crypto and Blockchain Conference

Karan Balwani

November 21, 2018 12:22 pm

Cryptocurrency News

N. Korea Announces Int’l Crypto and Blockchain Conference
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North Korea has announced the launch of an international blockchain and cryptocurrency conference. Given the overall private stance that North Korea has held towards the outside world, this comes as a surprise.

Although, the nation has taken steps to improve its ties with neighboring countries. It seems that this conference is a step in the right direction.

The Pyongyang Blockchain and Cryptocurrency Conference will be held in Pyongyang, the capital city next year in April

The conference will offer an all-inclusive stay in North Korea. Activities such as skating, bowling, shooting, and shopping will be available to delegates and guests. All this comes at a price of €3,300 (around £2,900). There will also be a visit to the Taedonggang Beer Factory on the seventh day of the conference.

“International experts in the blockchain and crypto industry will gather for the first time in Pyongyang to share their knowledge and vision, establish connections and discuss business opportunities. Any mass printed propaganda or digital/printed material against the dignity of the Republic is not allowed.”

This information was provided by a website that promoted this conference.

Citizens of Israel, Japan, and South Korea are excluded from this event. The website also addresses security-related concerns in the FAQ section

“The DPRK (Democratic People’s Republic of Korea) can be considered the safest country in the world. As long as you have a basic common-sense and respect for the culture and belief of other nations, you’ll be always welcome and enjoy like thousands of friends we’ve been hosting for the past 28 years and engaged in cultural, sports, science or business relations.”

It was rumored for several years that North Korea was showing interest in cryptocurrencies. Another reason behind this is to sidestep the sanctions imposed by the United States.

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