U.S. lawmakers have introduced legislation that would require the reporting of ransom payments within 48 hours of the transaction. The bill would also require DHS to create a voluntary website to log ransom payments and task the department with studying ransomware and cryptocurrencies.
US Treasury Blacklists Russia-Based Crypto Exchange
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The U.S. Department of the Treasury has blacklisted Russia-based cryptocurrency exchange Suex for allegedly laundering tens of millions of dollars for ransomware operators, scammers and darknet markets. It is the first such designation for a virtual currency exchange.