US government launches plans to cut cybercriminals off from cryptocurrency

Discussion in 'other security issues & news' started by hawki, Jul 15, 2021.

  1. hawki

    hawki Registered Member

    Joined:
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    DC Metro Area
    "The White House on Thursday announced a flurry of actions launched by a new interagency task force to combat ransomware.

    Chief among the White House task force’s new efforts is to cut groups like REvil off from virtual currencies...

    The Treasury Department will support the implementation of money laundering requirements for virtual currency exchanges and building partnerships with the industry to track the currency in real time...

    The Treasury Department is working toward international virtual currency standards under the G7’s Financial Action Task Force and has been reaching out to foreign governments about building capacity for international oversight...

    https://www.cyberscoop.com/us-government-crypocurrency-ransomware-criminals-treasury-state-reward/
     
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