Business

EU backs tougher tax rules on crypto transactions

EU ministers agreed stronger rules Tuesday to crack down on the use of cryptocurrencies in tax fraud, as Brussels bolsters its efforts to regulate the volatile sector.

Security

48 arrested in Europe over encrypted app used in drug trade

European investigators have shut down an encrypted communication service that was used as a secure channel for organized crime, particularly in the drug trade, and arrested 48 people, German authorities said Monday.

Business

UK plans rules for some cryptocurrencies amid global effort

Britain has unveiled plans to regulate some cryptocurrencies as part of a broader plan to become a global hub for digital payments, coming as authorities in the U.S. and Europe are racing to draw up rules for crypto.

Business

Russia's central bank calls for crypto crackdown

The Russian central bank proposed Thursday cracking down on cryptocurrencies, a move which if adopted could disrupt the burgeoning virtual money sector as Russia is one of the largest crypto-mining nations in the world.

Security

Professors study ideal responses to ransomware attacks

A pair of College of Business professors and their doctoral student at The University of Texas at Arlington are exploring how ransomware attacks sometimes pit organizations against the law enforcement agencies trying to protect ...

Business

Amazon pushes Parler offline after Capitol attack

Amazon will suspend Parler, the tech giant confirmed Saturday, sending the social media network offline after it was banned by Apple and Google for allowing "threats of violence" in the wake of a deadly riot at the US Capitol.

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