Nations are getting tough on cryptocurrency to tackle ransomware attacks

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36 nations led by the United States have agreed to improve measures to prevent ransomware, specifically regarding the use of cryptocurrencies to finance such activities.

The International Counter Ransomware Initiative summit held at the White House was far more explicit about cryptocurrency than it was during its inaugural outing in 2021, as concerns continue to rise over the ease with which cybercriminals are able to the digital tokens.

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