Digital Passport for Crypto

What is happening? A federal policy maker suggested digital passports for cryptocurrency would make ransomware less likely.

Why is this important? The crypto ID proposal would have a biometric element to make hackers and ransomeware less lucrative.

How will this be important? regulators will look to keep digital privacy while insuring greater identity requirements for crypto to keep good actors in and bad actors out.

Route Fifty | ‘Crypto Driver’s License’ Could Deter Use of Digital Currency in Ransomware