Seoul Considers Sanctions on North Korea Following US Crypto Crackdown

In brief South Korea is signaling flexibility following U.S. actions on North Korea’s crypto laundering activities. The U.S. Treasury has issued a new set of sanctions targeting 8 individuals and 2 entities tied to Pyongyang’s hacks. Illicit funds have allegedly supported DPRK’s nuclear weapons program. South Korea is considering the possibility of revisiting its sanctions...