One reason for that decline is that while the number of incidents of thefts, hacks, and fraud remained largely the same, the take by criminals in 2019 was 160% higher than in 2020. This indicates growing “maturity in the crypto space as entities continue to harden systems and take precautions against inside and outside threats,” the report said.
The U.S. is joining regulators around the globe in moving to enforce tougher cryptocurrency anti-money laundering policies, Treasury Secretary Steven Mnuchin said yesterday.
Facebook’s wounded Libra Association formally voted itself into existence on October 14, electing a board and choosing officers. The ceremony was overshadowed by the loss of seven original members including Mastercard and Visa.
The three main U.S. agencies overseeing cryptocurrencies and digital assets just issued an unusual joint warning. You must comply with anti-money laundering rules and register with us.
