Tag: Italy

Revolut Hackers Demand $3M in Monero After Data Breach

By Hassan Shittu Key highlights: Hackers demanded 6,000 XMR from Revolut after exploiting an Italian government email domain to submit fraudulent law enforcement data requests Italian prosecutors in Reggio Calabria and the National Anti-Mafia Directorate have opened investigations into how the government email account was compromised Chainalysis estimates violent crypto “wrench attacks” have already stolen […]

Italy Mandates Sanctions Screening for Every Crypto Transfer, No Exemptions

By admin Italy’s central bank, Banca d’Italia, has issued a binding directive requiring sanctions screening on every cryptocurrency transfer handled by regulated providers in the country. The order eliminates any low-value exemptions and applies to all transactions processed by licensed crypto-asset service providers and payment service providers operating under Italian and EU rules. This means […]