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Topic: [2016-07-13] coindesk.com| US Regulator Warns Virtual Currency is Enabling (Read 224 times)

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US Regulator Warns Virtual Currency is Enabling Cyberattacks Against Banks

The federal agency that oversees national banks in the US has named virtual currencies an operational risk due to their perceived role in facilitating and enabling cybercrime.

Part of its newly released semiannual risk survey, the US Office of the Comptroller of the Currency (OCC) warned that virtual currencies continue to be used as payment in extortion efforts by criminals aimed at banks and other businesses. The comments came amid an overall focus on credit and strategic risk in the US markets, particularly for small- and mid-size banks...

http://www.coindesk.com/occ-semiannual-risk-survey-virtual-currency/

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