Digital currency firms are still struggling to meet state licensing requirements and secure banking relationships, industry analysts told ACAMS moneylaundering.com.
At least 12 financial institutions are investigating suspected compromises of the interbank messaging platforms they use to resolve institutional payments, according to a former federal cybercrime prosecutor.
Cybercriminals are employing increasingly complex tactics to defraud the U.S. Treasury Department and taxpayers, a top federal investigator said Monday.