A total of three big companies are now reported to be involved in testing the China's digital yuan rollout. Set to become the first major central bank digital currency, it will be tested by food delivery giant Meituan Dianping, ride-hailing firm Didi Chuxing and streaming video platform BiliBili in the experimental rollout of China’s Digital Currency Electronic Payment (DCEP) system.
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Tale of $10M Monero ransom unravels as husband arrested for murder
Now detectives think the Norwegian millionaire killed his elderly wife and demanded the untraceable crypto as a ruse. And the question of whether criminals are embracing privacy coins over Bitcoin got a little more murky
Police investigating the disappearance of a woman in Norway have arrested her husband on suspicion of murder—and believe that the $10 million ransom in a privacy-focused cryptocurrency being demanded for her safe return was part of a “clear, planned deception.”
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Criminals are using bitcoin more than ever for illegal activity
If police shut down one darknet market, another one opens
After a small dip in criminal activity in 2018, total dark market activity, which included mainly drug sales but also things like stolen credit cards, soared 70% in 2019 to more than $790 million, according to a report released Tuesday by cryptocurrency forensic firm Chainalysis.
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FBI Director Christopher Wray testifying before the U.S. Senate discussing Bitcoin on November 7, 2019 (screenshot via C-SPAN).FBI director passes on calling for cryptocurrency tracking law
Christopher Wray avoided Mitt Romney’s question about tracking Bitcoin, turning instead to the need for messaging service ‘back doors’
FBI Director Christopher Wray declined to swing at a gentle pitch over the plate for more regulation of cryptocurrency anonymity at a recent Senate Homeland Security hearing.
