New Australian ransomware plan allows for seizure of crypto

New Australian ransomware plan allows for seizure of crypto

Cryptocurrency51 minutes ago (Oct 14, 2021 03:40AM ET)

Australian lawmakers are taking a tougher stance against ransomware with a new plan that increases penalties for offenders.

The new measures and proposed Surveillance Legislation Amendment announced by the federal government on Wednesday come after a 60% surge in cyberattacks on Australian businesses and state agencies last year. According to reports, these incursions cost the economy AU$1.4 billion (around $1 billion dollars).

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New Australian ransomware plan allows for seizure of crypto

G7 Finance Leaders Issue Guidelines on Central Bank Digital Currencies
By CoinQuora – Oct 14, 2021

G7 leaders gathered in Washington to discuss CBDC and approved 13 policies.
They also requested that new CBDCs do not harm the bank capacity.
Central bankers and G7 ministers…

Blockchain Ecosystem Project TrustKeys Raises $4 Million From Strategic Investments
By BTC Peers – Oct 14, 2021

Decentralized Ecosystem Project TrustKeys is currently providing new use-cases with new features to DeFi users. With the number of DeFi users skyrocketing, the downloads of…

Bitcoin Adoption: Miami Mayor Wants Its City Workers Paid in BTC
By CoinQuora – Oct 14, 2021

Miami Mayor rallies for Bitcoin adoption.
If approved, employees can be paid with BTC.
Bitcoin surges by 4.62% and trades at $58,029.38 in the last 24 hours.
Bitcoin is the future…

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