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Australian Minister Slams Gov’t for Weak Response to Ransomware ‘Epidemic’

On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.”Watts states that Australia was not immune to last year’s ransomware outbreaks, citing a Victorian government

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Rouhani Scolds Iran for Coronavirus Panic; 60 Minutes Later, Health Minister Gets Infected

Iran’s deputy health minister has been infected with coronavirus. The news comes an hour after the nation’s President asked citizens to not panic about the epidemic. Experts believe the number of cases in Iran to be much higher. Iran’s Fars news agency has reported that the nation’s deputy health

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Libra Has ‘Failed’ in Its Current Form Says Swiss Finance Minister

Libra, the much-scrutinized proposed cryptocurrency from Facebook (NASDAQ:FB), has “failed in its current form,” according to Swiss President and Finance Minister Ueli Maurer. Swiss President Critical of Libra Basket Maurer, who is in the final days of his year-long term as President of the Swiss Confederation, was speaking to the country’s national

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Australian Home Affairs Minister: Cryptocurrency Is Being Used to Fund Terrorism

Peter Dutton, Home Affairs Minister of Australia, warns the public that cryptocurrency is being used by terrorists who are exploiting it for transactions and funding of their heinous agendas. He further added that sine the transactions of digital currencies are anonymous, it is allowing them to go unnoticed under the

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Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

The Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.”During a counter-terror conference in Melbourne on Nov. 7, Dutton said that the anonymity of cryptocurrencies allow extremists to avoid scrutiny. He stated that the increased use of digital currencies, stored-value

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India’s Defense Minister Calls to Harness Blockchain Technology for Warfare

While addressing a roundtable conference of more than 80 nations, India’s Defense Minister Rajnath Singh, commented on how the country’s armed forces need to be equipped with technologies such as blockchain, AI and big data to counter the continuously changing landscape of modern warfare.Singh elaborated on how the future of

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Blockchain and AI Have ‘Revolutionized’ War — India Defence Minister

India’s Defence Minister believes blockchain technology, artificial intelligence (AI) and big data will form part of the future of warfare.As local daily news outlet Times of India reported on Nov. 4, Rajnath Singh highlighted the potential of blockchain, along with big data and AI, in defense operations. Warfare’s new “blockchain

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India’s Finance Minister Warns Other Nations Against Cryptocurrencies

India is readying itself for a major revision of its cryptocurrency policies. In this regard, it has been approached by officials of many governments who have informed the Indian government about possible global risks associated with digital currencies.India’s finance minister, Nirmala Sitharaman, noted positively that all nations who have raised

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German Minister Doubles Down on Statements Against Facebook’s Libra

German Federal Minister of Finance Olaf Scholz has doubled down on his previous statement that policymakers should prevent the issuance of Facebook’s Libra stablecoin.At the International Monetary Fund and World Bank fall meeting on Friday, Scholz stressed that stablecoins could pose international risks, Reuters reported on Oct. 18. Scholz

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