Connect with us

Business

BIS: Cryptocurrencies Are Often Used in Financial Crimes, Money Laundering, Ransomware Attacks – Regulation Bitcoin News – Bitcoin News

The Bank of International Settlements says it is now clear cryptocurrencies are not money and are often used to facilitate financial…

Published

on

Article feature image
ADVERTISEMENT

The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate money laundering, ransomware attacks, and other financial crimes.”

Click here to view the original article.

Advertisement

Trending Now

Connecticut News14 mins ago

Cyber scheme targets Seymour law firm

ADVERTISEMENT SEYMOUR – A law office was tricked out of nearly $100,000 for a real estate closing after the money...

Connecticut News28 mins ago

Bridgewater Hilltop Center hosting annual patio event

ADVERTISEMENT Aug. 2, 2021Updated: Aug. 2, 2021 9:46 a.m. BRIDGEWATER — Bridgewater Hilltop Center’s annual patio event has been rescheduled to...

Connecticut News31 mins ago

Weber Rejoins The Whale – Connecticut Whale

ADVERTISEMENT DANBURY, CT- NWHL veteran Janine Weber is back with the Pod, signing a contract with the Connecticut Whale for the...

Connecticut News34 mins ago

OP-ED | Home Care Workers Call For Higher Pay, Benefits

ADVERTISEMENT Cynthia Johnson (contributed photo) As a union home care worker, I feel that our pain must be heard, our...

Connecticut News45 mins ago

Legendary Milford coach, 83, ‘always there for everyone’ retires from 1 sport, keeps another

ADVERTISEMENT MILFORD — In his 37 years of coaching girls track and field at Jonathan Law High School, Linwood Schulte...

Connecticut News53 mins ago

State police investigate weekend hit-and-run on I-84 in Newtown

ADVERTISEMENT Aug. 2, 2021Updated: Aug. 2, 2021 9:36 a.m. State police are seeking the driver of a 2019 Ford Focus involved...

Connecticut News55 mins ago

Greenwich students graduate from The Harvey School in Katonah

ADVERTISEMENT Several Greenwich residents were awarded their high school diplomas at The Harvey School’s 2021 commencement exercises on June 10....

Connecticut News56 mins ago

Blessed Sacrament Church holds Mass honoring local first responders

ADVERTISEMENT Blessed Sacrament Church in Waterbury held a special Mass of Thanksgiving recently and invited...

Advertisement

You might also like ...

Article feature image
How Shein Became the Chinese Apparel Maker American Teens Love – The Wall Street Journal
Article feature image
Square, Afterpay, Alibaba, Parker-Hannifin, Zoom Video – 5 Things You Must Know – TheStreet