Communications of the ACM
ACM Opinion
There's a Better Way to Stop Ransomware Attacks
The anonymous, poorly regulated nature of cryptocurrency provided tinder for the ransomware fire. At some point, we may have to consider depriving the inferno of fuel.
Ransomware attacks occur because criminals make money from them. If we make it harder to profit from such attacks, they will decrease. And the U.S. can make it harder.
By more aggressively regulating cryptocurrencies, the government can limit their use as an anonymous payment system for unlawful purposes.
From The New York Times
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