• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

White House weighs broader oversight of cryptocurrency market

October 8, 2021 by David Barret Leave a Comment

October 8, 2021

WASHINGTON (Reuters) – The White House is considering a wide ranging oversight of the cryptocurrency market to combat the growing threat of ransomware and other cyber crime, a spokeswoman said on Friday.

“The NSC and NEC are coordinating across the interagency to look at ways we can ensure that cryptocurrency and other digital assets are not used to prop up bad actors, including ransomware criminals,” the White House National Security Council spokeswoman said.

The oversight could include an executive order, Bloomberg News reported on Thursday. The spokeswoman did not comment on whether an executive order will be part of such oversight.

Ransom software works by encrypting victims’ data. Typically hackers will offer the victim a key in return for cryptocurrency payments that can run into hundreds of thousands or even millions of dollars.

Earlier this month, President Joe Biden said top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime https://reut.rs/3Do2vDj.

An online session hosted by the White House National Security Council will also be aimed at “improving law enforcement collaboration” on issues like “the illicit use of cryptocurrency,” Biden had said.

(Reporting by Nandita Bose; Editing by Sandra Maler)

Source Link White House weighs broader oversight of cryptocurrency market

David Barret
David Barret

Related posts:

  1. Who to blame for Taliban takeover? Former Afghan envoy points finger at Kabul
  2. Canada opposition leader, ahead in polls, comes under attack at debate over childcare policy
  3. PandaDoc, the e-document startup, now valued at $1B as it closes a big Series C
  4. UK’s Johnson: 127 drivers applied for fuel trucker visas

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Shark Teeth Are Losing Their Bite As Ocean Acidification Takes Hold
  • Wasp “Riding A Broomstick” Among Fantastic Finalists Of Wildlife Photographer Of The Year
  • Long-Lost Sailback Houndshark Not Seen Since 1973 Rediscovered In Papua New Guinea
  • How Do You Age A Gas Giant? Jupiter’s Age Revealed By “Molten Rock Raindrops”
  • JWST Observes Interstellar Comet 3I/ATLAS: “One Of The Most Unusual Comets Ever Seen”
  • A Woman Injected Crushed Black Widow To Get High, And It Was A Very Bad Trip
  • Man With 31-Year History Of Depression Feels “Overwhelming Joy” After Experimental Brain Stimulation
  • The Pythagorean Theorem Predates Pythagoras By 1,000 Years: “The Proof Is Carved Into Clay”
  • Asteroid Bennu Is A “Frankenstein’s Monster” Of Material From The Inner Solar System, Outer, And Beyond
  • Canada Is Home To The World’s First Official UFO Landing Pad
  • Path Of Hurricane Erin, One Of The Fastest-Strengthening Storms On Record, Captured In Dramatic Satellite Images
  • What Did Ancient People Think When They Found Fossils?
  • Shaman Training Cave, Uranus’s New Moon, And A Bright Orange Shark
  • Ancient Bacteria Resurrected By Heavy Rains Killed A World-First Attempt At Northern White Rhino IVF
  • Forget Planet X! Beyond Neptune, There Might Be An Earth-Sized Planet Y
  • One Of The World’s Oldest And Tallest Trees Just Lost 15 Meters In Height Due To “Mysterious” Fire
  • Color Vs. Flight: Are Darker Birds’ Feathers Weighing Them Down?
  • 9,000-Year-Old Dog Poop Reveals Siberian Sled Dogs Ate Polar Bears
  • Watch The Highest Resolution View Of A Solar Flare Down To An Incredible 21 Kilometers
  • Jupiter’s Mysterious Core: Science’s Best Explanation For How It Formed Doesn’t Work After All
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version