# 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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# Making sense of the Bitfinex Bitcoin billions

# Making sense of the Bitfinex Bitcoin billions

“# Making sense of the Bitfinex Bitcoin billions ” It’s the Netflix script that wrote itself. A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish jail cells and nonfungible token auctions for dead rappers. The plot involves the United States Department of Justice (DoJ), a crypto exchange…

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# ‘Keep Your Coins’ bill introduced to restrict government control of crypto

# ‘Keep Your Coins’ bill introduced to restrict government control of crypto

“# ‘Keep Your Coins’ bill introduced to restrict government control of crypto ” Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency control. The introduction on Feb. 15 comes just a day after the Canadian government…

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# US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

# US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

“# US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year ” Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments to major federal statutes relevant…

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# U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster

# U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster

“# U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster ” North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including surveillance and outright prohibitions, against “certain transmittals…

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