Powered by WPeMatico
Category: illicit use
Auto Added by WPeMatico
US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets
The U.S. Department of Homeland Security has revealed a cryptocurrency intelligence program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge to law enforcement” and the Financial Crimes Enforcement Network (FinCEN). Also read: Regulatory Roundup — Trump’s Cryptocurrency Proposals, IRS Changes Rule, […]
The post US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets appeared first on Bitcoin News.
Powered by WPeMatico
Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent
A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Data From DEA […]
The post Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent appeared first on Bitcoin News.
Powered by WPeMatico
FBI Currently Investigating 130 Crypto-Related Cases
The Federal Bureau of Investigation has reportedly revealed that it is working on 130 cryptocurrency-related investigations, citing an increase in illegal activity facilitated by crypto payments. These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FBI’s 130 Crypto-Related Cases The […]
The post FBI Currently Investigating 130 Crypto-Related Cases appeared first on Bitcoin News.
Powered by WPeMatico
US House Unanimously Passes Bill to Help Fight Illicit Use of Cryptocurrencies
The U.S. House of Representatives has unanimously passed a bill to help prevent the illicit use of cryptocurrencies, including bitcoin, dash, zcash, and monero. This bill follows a testimony by the Secret Service asking Congress for help stopping these activities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space H.R. 6069 Bill Passed The U.S. […]
The post US House Unanimously Passes Bill to Help Fight Illicit Use of Cryptocurrencies appeared first on Bitcoin News.
Powered by WPeMatico
US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins
The US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Undermining US Laws Deputy […]
The post US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins appeared first on Bitcoin News.
Powered by WPeMatico