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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

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Treasury has brought on an additional 20 new bitcoin addresses affiliated with two people to its sanctioned individuals roster, Coindesk reported. Two individuals were accused of being connected to the Lazarus Group cybercrime organization per an update of the “Specially Designated Nationals” (SDN) list from OFAC.

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Thanks To Ransomware, Bitcoin Leaves A Bad Taste In Corporates’ Mouths

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Once seen as a tool for the dark web and black markets, cryptocurrencies like bitcoin now want to be a part of the broader economy. Bitcoin at the Center. ” The widespread reliance on bitcoin to facilitate ransomware payouts is a “genuine challenge” for the cryptocurrency industry, he added.

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Bitcoin Daily: Chinese Gov’t On Board For Building ‘Blockchain City’; Will McAfee Launch Bitcoin Debit Card?

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Construction and engineering company China Wuyi and investment network SWT International Sdn Bhd are working together on the project and are planning to raise 500 Malaysian ringgits ($120 million) to create an infrastructure based on blockchain technology. In other news, John McAfee tweeted out a teaser for a new crypto debit card.

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Can Crypto Power Tourist Cities, Block By Blockchain?

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SWT International Sdn Bhd, an investment network, and China Wuyi, a construction and engineering firm, jointly rolled out the government-supported effort. The city’s infrastructure will be constructed reportedly through the help of blockchain, with a DMI platform and a DMI coin that will allow for payments of government services.

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Alleged Drug Traffickers’ Crypto Addresses Targeted By US Treasury Under Kingpin Act

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Any addresses deemed to be associated with foreign narcotics operators are added to the Specially Designated Nationals (SDN). After the Treasury updated its SDN list on Aug. After the Treasury updated its SDN list on Aug. The Kingpin Act exists to ban trading and transactions between narcotics traffickers and U.S

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Treasury To Add Certain Cryptocurrency Addresses To Sanctions List

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The Office of Foreign Assets Control (OFAC)] may add digital currency addresses to the SDN [specially designated nationals] List to alert the public of specific digital currency identifiers associated with a blocked person,” the government agency said in the guidance notice.