G7 Tackles North Korea’s Crypto Hacks: Impact on Global Security & Finance

The G7 Summit, held in Canada this June 2025, addressed North Korea’s recent cryptocurrency hacks that have stolen over $2.8 billion. The summit focused on the impact of these attacks on global security and financial stability. Leaders discussed potential measures to enhance international cooperation on cybersecurity, including stricter sanctions and enhanced protocols for government and financial institutions. G7 officials acknowledged the disruptive nature of North Korea’s cyber operations, which bypass existing sanctions and finance their nuclear programs. 📈 The summit underscored the urgency for strong regulations following a history of cyberattacks by North Korea since 2014.