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US Set to Sanction Cryptocurrency Exchanges Involved in Ransomware
The US government is reportedly set to announce new measures, including sanctions to deter cryptocurrency businesses from getting involved in laundering and facilitating ransomware payments. People familiar with the matter told the Wall Street Journal that the Treasury could roll out the new sanctions as early as this week. They’ll reportedly target cryptocurrency exchanges and traders who either knowingly or unwittingly enable cybercrime transactions. As part of the measures, the government will also issue new guidance explaining…
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