Cryptocurrency’s pseudonymity makes drug purchases hard to track, but stricter oversight risks stifling growing sector
South Korea is well-known for its strict stance on drug use, often branding itself as a “clean” society with zero tolerance for illegal substances.
However, the use of cryptocurrencies to facilitate online drug purchases presents a rising challenge, as the decentralized and pseudonymous nature of digital assets is complicating efforts to maintain control over the illegal drug trade.
South Korea is well-known for its strict stance on drug use, often branding itself as a “clean” society with zero tolerance for illegal substances.
However, the use of cryptocurrencies to facilitate online drug purchases presents a rising challenge, as the decentralized and pseudonymous nature of digital assets is complicating efforts to maintain control over the illegal drug trade.
Get your
KoreaPro
subscription today!
Unlock your access to all our features.
There are three plans available: Lite, Standard, and Premium.
Unlock your access
to all our features.
Standard plan includes:
-
Receive full archive access
-
Monthly research report via email and on KOREA PRO website
-
Submit requests for coverage
-
One year of access to NK News
-
One year of access to NK News Podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Subscribe now
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.