Do changes in leadership affect cryptocurrency?
Succession Rumors in North Korea
Kim Jong-un came to power with the death of his father, Kim Jong-il, who died from a heart attack in December 2011. Kim Jong-un used to accompany his father in public. That is a family tradition when grooming their successor. Now Kim Jong-un's daughter is joining him in public.
The 10-year-old daughter of North Korean leader Kim Jong Un made her second-ever public appearance over the weekend, sparking rumors over her potential future in the country's male-dominated leadership hierarchy. Her appearance, the first of which came earlier in the month, makes her the first to be publicly confirmed as one of Kim's children. The two of them even posed for pictures with the press.
Named Ju Ae, she is believed to be Kim's middle child, with an older brother aged around 12 and a younger sister around 5 years old. Her abrupt debut has left international observers speculating about the status of Kim's supposed eldest child, a boy who has never been revealed in public. Fueling further speculation, she was introduced with honorifics describing her as her father's "most beloved" and "precious" child. The tightly scripted events come a year after Kim supposedly suffered undisclosed health problems, though those reports have been disputed.
This makes me wonder the cryptocurrency world will look like in Korea if Ju Ae takes over. North and South Korea are big into crypto. There are some interesting news articles on each of them. There are reports that North Korea has stolen millions of crypto to fun a missile program. See the news links below for more info on that topic. (Not affiliate links simply sharing news articles )
https://www.bbc.com/news/world-asia-60281129
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