UN Alerts: Don’t Attend N. Korean Crypto Conference

The United Nations has issued a warning against attending a cryptocurrency conference to be held in North Korea next month, saying that this would constitute a violation of sanctions imposed on Pyongyang since 2006.

These sanctions, which came over North Korea’s nuclear and ballistic missile programs, oblige countries to prevent “financial transactions, technical training, advice, services or assistance,” if it could contribute to the missile programs or help hedging sanctions.

Meanwhile, the conference organizers said on its official website that individuals from any country except for South Korea, Japan and Israel are allowed to visit, adding that visitor passports will not be stamped:

“We will provide a paper visa separated from your passport, so there will be no evidence of your entry to the country. Your participation will never be disclosed from our side unless you publicize it on your own.”

The UN warnings follows an indictment issued last week against Ethereum Foundation researcher Virgil Griffith who has been accused of conspiracy to violate the International Emergency Economic Powers Act under which the sanctions were imposed, after he attended the first blockchain and cryptocurrency conference in North Korea last year.  

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