# Want to weed out ransomware? Regulate crypto exchanges

# Want to weed out ransomware? Regulate crypto exchanges

“# Want to weed out ransomware? Regulate crypto exchanges ” Just between July 2020 and June 2021, ransomware activity soared by a whopping 1,070%, according to a recent Fortinet report, with other researchers confirming the proliferation of this mode of extortion. Mimicking the prevalent business model of the legitimate tech world, ransomware-as-a-service portals popped up…

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# Central Bank of Sri Lanka completes proof-of-concept KYC platform

# Central Bank of Sri Lanka completes proof-of-concept KYC platform

“# Central Bank of Sri Lanka completes proof-of-concept KYC platform ” A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or KYC, proof-of-concept project.  The project Sri Lanka’s central bank, also known as the CBSL, included 3 collaborators who developed the Blockchain-based KYC platform concept….

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