The coronavirus outbreak may have averted or postponed North Korea’s aim of hosting a curious gathering of blockchain and cryptocurrency experts. Potential participants should resist the temptation to attend this event, should Pyongyang seek to reinstate it in the future.
A clear differentiation is required between trade and technology wars, Huawei and politicised arrests of foreign nationals. The Chinese Communist Party (CCP) is deliberately confusing them, and President Trump is not helping.
The US government’s move against two alleged cyber-criminals serves as a warning sign to the cryptocurrency community. The community may choose to respond by cloaking itself in an even heavier mantle of anonymity, or it may just understand that it stands to gain from policing its activities.
Through his clampdown on corruption, dissent and relative freedoms, Chinese President Xi Jinping has alienated various groups within society. However, in the absence of a serious economic downturn and a rift within the Party’s leadership, discontent is unlikely to unseat him for the foreseeable future.