Prosecutors say Long Island woman tried to use bitcoin to aid Islamic State

(Reuters) – A suburban New York hospital technician accused of using bitcoin and other cryptocurrencies to launder money meant for the militant group Islamic State was arrested on charges of money laundering in support of a foreign terrorist organization and bank fraud, prosecutors said Thursday.

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U.S. panel urges regulators to monitor financial innovation risks

WASHINGTON (Reuters) – A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that “fintech” and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

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U.S. regulatory panel urges monitoring of virtual currencies risks

WASHINGTON (Reuters) – A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that fintech and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

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Bitcoin fever exposes crypto-market frailties

LONDON/NEW YORK (Reuters) – As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.

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Greek top court clears way for U.S. extradition of Russian cybercrime suspect

ATHENS (Reuters) – Greece’s top court cleared the way on Wednesday for the extradition to the United States of a Russian man, also wanted in Moscow, suspected of having laundered billions of dollars in the digital currency bitcoin.

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