Could curtailing cryptocurrency calm cyber crimewave?


Besides outright banning ransom payments, one of the most widely circulated policy ideas to curtail ransomware would be to treat cryptocurrencies as a bonafide component of the financial system: require cryptocurrency exchanges or the cryptocurrencies themselves to abide by regulations that reduce anonymity and prevent money laundering.

It’s a tempting solution, proven out by traditional banks. Would it work? SC Media broke down the potential.

Read more…