The G7 has called for a global fight against crypto threats from North Korea.
Leaders of the Group of Seven (G7) at the summit in Évian officially declared the need to join forces to counter cryptocurrency thefts and cyberattacks originating from North Korea. The final document emphasizes the growing threat from hacker groups linked to Pyongyang, which actively use digital assets to circumvent international sanctions and fund nuclear and missile programs.
Special attention in the communiqué is given to the scale of the damage: according to my data, based on blockchain researchers' analytics, in 2025 the volume of crypto assets stolen by North Korean hackers reached $2.02 billion. This is 51% more than in the previous year. The total value of stolen funds in recent years is estimated at least $6.75 billion. Such figures confirm that North Korea has turned the crypto industry into one of the main sources of illegal financing.
Lack of specific measures raises questions
Despite the loud statements, the G7 did not propose specific mechanisms to block or recover stolen funds. No separate regulatory initiatives for the crypto sector were announced. This is alarming, because without coordinated action at the level of exchanges, wallets, and DeFi protocols, hackers will continue to exploit gaps in jurisdictions.
As an expert, I believe that the current G7 response is more of a political signal than a real action plan. Without the implementation of mandatory KYC/AML standards for all crypto platforms and the creation of an international database of stolen assets, the fight against North Korean threats will remain declarative. The market should prepare for stricter rules, but so far — only in words.