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Bitcoin: UK banks are getting tough on crypto, but money-laundering rules are the real problem

NatWest, the UK retail bank, has announced it will not engage with business customers who accept payment in bitcoin or other cryptocurrencies. It follows recent announcements from HSBC that it won’t allow transfers from digital wallets and won’t enable customers to buy shares in companies associated with cryptocurrencies, such as Coinbase or MicroStrategy.

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Bitcoin: UK banks are getting tough on crypto, but money-laundering rules are the real problem

Inside a ransomware attack: how dark webs of cybercriminals collaborate to pull one off

In their Carbis Bay communique, the G7 announced their intention to work together to tackle ransomware groups. Days later, US president Joe Biden met with Russian president Vladimir Putin, where an extradition process to bring Russian cybercriminals to justice in the US was discussed. Putin reportedly agreed in principle, but insisted that extradition be reciprocal. Time will tell if an extradition treaty can be reached. But if it is, who exactly should extradited – and what for?

Inside a ransomware attack: how dark webs of cybercriminals collaborate to pull one off
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