news

bitcoin

1 X bitcoin bitcoin =

Tuesday

21 September 2021

US Senator Launches Investigation Into 'How Cryptocurrencies Facilitate Cybercrimes' – Regulation Bitcoin News

US Senator Launches Investigation Into 'How Cryptocurrencies Facilitate Cybercrimes' – Regulation Bitcoin News


smart summary beta

senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes.

Senator Gary Peters announced last week a bipartisan “investigation into [the] rise of ransomware attacks and how cryptocurrencies facilitate cybercrimes.”.

The announcement states that he “is conducting an investigation into the role cryptocurrencies continue to play in emboldening and incentivizing cybercriminals to commit ransomware attacks that pose an increasing threat to United States national security.”.

The investigation will also look into current oversight efforts and regulations related to virtual currencies, as well as make recommendations into how lawmakers and federal agencies can work to ensure all Americans can safely benefit from access to cryptocurrencies while ensuring they are not providing an incentive for criminal organizations and foreign adversaries to continue assaulting American networks and communities across the nation.

Goto Full Article

bitcoin bitcoin price

$43062.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.4)

Image

Basel Committee Crypto Rules Face Backlash
published: 27 minutes ago
Crypto holding requirements proposed by the Basel Committee have faced backlash from several trade groups and asset managers.

sentiment (-0.1) Negative

Article Metadata

author

site

bitcoin.com
Market data feeds provided by cryptocompare.com
bitsmart 2021