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NEW YORK (Reuters) - A Macedonian citizen was extradited to the United States on Friday to face charges related to his operation of a website called Codeshop that authorities say was responsible for selling the data of thousands of credit cards from around the world.
A top Federal Reserve owarned that while financial technologies that enable online loans, digital currencies or other innovations hold great promise, they must be regulated.
Apple Inc customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as ransomware, researchers with Palo Alto Networks Inc told Reuters.
BOSTON: Apple Inc customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as ransomware, researchers with Palo Alto Networks Inc told Reuters on Sunday.
Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements - or "the central bankers' central bank" - said in a report.
Australia's major banks are closing accounts of bitcoin companies, forcing at least 13 digital currency providers out of business in response to tougher rules on money laundering and terrorism finance, an industry body spokesman said.
A year ago, bitcoin was widely dismissed as little more than a way for drug-dealers and terrorists to move money around anonymously. Now, some of the world's biggest banks and companies are buying into the technology behind it.
New York’s powerful banking regulator Benjamin Lawsky said that digital currencies like Bitcoin pose a major challenge, but should not be stifled.