News Analysis – Concerns persist over whether inter-Korean exchanges violate UN sanctions

South Korean government has continued to insist that all events will accord with international law   A 12-member South Korean preliminary review team led by Lee Joo-tae (fifth from left), the director-general for inter-Korean exchange and cooperation at the Unification Ministry, meets with their North Korean counterparts to review the Masikryong Ski Resort during a…

US Asks S. Korean Banks to Investigate Cryptocurrency Exchange Transactions

Business Korea The U.S. seems to be concerned that virtual currency can be a loophole in financial sanctions on North Korea. Seoul, Korea 29 January 2018 Yoon Yung Sil   The New York State Department of Financial Services (DFS) asked six South Korean banks and their New York branches to report on the current conditions…