Countries are cracking down on cryptocurrencies to tackle ransomware attacks

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36 countries led by the US have agreed to improve ransomware prevention measures, especially regarding the use of cryptocurrencies to fund such activities.

The summit of the International Counter Ransomware Initiative, held at the White House, was much more explicit about cryptocurrency than during its inaugural outing in 2021, as concerns continue to mount over the ease with which cybercriminals can obtain the digital tokens.

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