The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk's cryptic tweet.

Colonial Pipeline paid $4.4 million in Bitcoin to regain control of its systems. CNA reportedly paid $40 million.

It’s a response to an uptick in ransomware-related thefts.

The goal is to centralize the coordination of such ransomware investigations at the federal level and streamline information sharing.

The post The US will elevate ransomware investigations to a similar priority level as terrorism investigations appeared first on The Block.

TL;DR Breakdown Biden government to track crypto transactions Why the government is making this decision America and Ransomware attacks The United States of America’s Deputy Press Secretary Karine Jean-Pierre has said that the Biden government has plans to enhance cryptocurrency tracking as part of efforts to reduce ransomware attacks. The notice comes at a time […]

White House released a statement that said expanding cryptocurrency analysis to trace transactions tied with ransomware is broader focus on such attacks.

By expanding cryptocurrency analysis, the Biden administration plans to tighten the grip around the growing threat of ransomware attacks.

The Biden administration has proposed international cooperation to clamp down on crypto tax evasion by sharing data globally.

The post Biden Goes After Crypto Tax Evaders with Global Data Sharing Initiative appeared first on BeInCrypto.

The chief financial regulatory body of the United Kingdom, FCA, revealed that the majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority would only offer operating licenses to those […]

Grayscale, the world’s leading crypto asset manager has seen zero inflow into its premiere Bitcoin product since late February when the premium turned negative. The Grayscale Bitcoin Trust (GBTC) was one of the most sought-after institutional Bitcoin investment products in absence of any better-regulated alternatives, and the high demand for these often led to a

The post Grayscale Bitcoin Trust Zero Inflow Suggest Institutions are Looking for Regulated Alternatives appeared first on Coingape.

The chief financial regulatory body of the United Kingdom revealed a majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority (FCA) would only offer operating licenses to those crypto

The post Crypto Firms in UK Fail to Comply by New AML Guidelines, FCA Extends Deadline appeared first on Coingape.