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Crypto Crime Drops 39% But Challenges Persist, Including Ransomware Attacks, Transactions with Sanctioned Entities

Fintech News

These data, released preliminarily in anticipation of the upcoming Chainalysis 2024 Crypto Crime Report, reveal that 2023 was a year of recovery for the cryptocurrency industry as the sector rebounded from the scandals, business collapses and price declines that took place in 2022.

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Coinbase launches credit card with bitcoin rewards

Finextra

Home News Crypto Coinbase launches credit card with bitcoin rewards Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The waitlist is now open for the metal card engraved with a piece of bitcoins origin story, taken from the genesis block.

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US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

PYMNTS

18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. Bitcoin is a popular example. Treasury Department proposed sweeping new rules late Friday (Dec.

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Bitcoin Daily: Crypto-Related Crime Fell To $10 Billion In 2020; Singapore Exchange, Temasek Team On Digital Asset Market Infrastructure

PYMNTS

Cryptocurrency-related crime fell in 2020, according to a blog post from Chainalysis. The crimes that ended up driving the change in 2020 were scams and the darknet market, the blog's stats report. In 2019, criminal activity constituted 2.1 percent of all crypto transaction volume, which came out to $21.4 billion in transfers.

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5 Payment Trends in Asia Shaping its Financial Landscape in 2025

Fintech News

Rakuten has also introduced its own cryptocurrency wallets and exchange systems there, bringing embedded finance to new levels by allowing Rakuten Cash balance recharges via Bitcoin and Ethereum. This deficiency is exacerbated by the growing consumer demand for faster payments with minimal checks, increasing vulnerability to financial crimes.

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Scammers Love Bitcoin, But Consumers Aren’t So Enthusiastic

PYMNTS

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. Jack Dorsey Likes Bitcoin, But So Do Crooks . For example, the U.S. A month earlier, the U.S.

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EverGive launches bitcoin reserve for charity donations

Finextra

Home Announcements Crypto EverGive launches bitcoin reserve for charity donations External This content is provided by an external author without editing by Finextra. Home Announcements Crypto EverGive launches bitcoin reserve for charity donations External This content is provided by an external author without editing by Finextra.

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