Significantly, the CRI also has committed to “take joint steps to stop ransomware actors from being able to use the cryptocurrency ecosystem to garner payment.” This would include sharing information about crypto wallets used for laundering funds, as well as developing and implementing anti-money laundering/combating the financing of terrorism (AML/CFT) crypto standards. Among those standards would be “know your customer” (KYC) rules to reduce their misuse by cyber criminals.
The FTC’s Non-Compete Ban Is Good for the Crypto Industry
Employment contracts that stop free movement of labor conflict with an innovative industry’s open-source ethos, says Linda Jeng, CEO of...