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 framework on North Korea, days after a new U.S. sanction has linked Pyongyang’s crypto theft operations to weapons financing.
Speaking in an interview with Yonhap News TV on Thursday, Second Vice Foreign Minister Kim Ji-na said Seoul “can consider reviewing sanctions as a measure if they are really needed,” citing the importance of U.S.-Korea coordination…
