Cryptocurrency: North Korea Emerges as a Major Bitcoin Holder
March 19, 2025 at 8:28 AM
by MoneyMastery Guide
Recent reports reveal that North Korea has become the world's third-largest holder of Bitcoin, trailing only the U.S. and the U.K. This development is largely attributed to the activities of its cyber-hacking group, Lazarus, which has amassed approximately 13,580 Bitcoin, valued at around £886 million. These illicit gains are believed to fund North Korea's nuclear and ballistic missile programs, raising significant international security concerns.
The Times