Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware
The Biden administration is planning an array of actions to mitigate ransomware attacks, focusing on payments. This week, the U.S. Treasury Department plans to unveil sanctions and guidance to tackle cryptocurrency payments made to phone companies that have been victims of ransomware attacks. CoinDesk's Nikhilesh De discusses what to expect. Plus, his take on U.S. regulators cracking down on Celsius and the latest on the bipartisan infrastructure bill.
