FinCEN: US financial institutions processed ~$1.2B in likely ransomware payments in 2021, up ~3x YoY; ~75% of ransomware incidents in H2 2021 were Russia-linked (Chelsey Cox/CNBC)

Chelsey Cox / CNBC:
The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  – The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.

Chelsey Cox / CNBC:
The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  – The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.

Kate Rooney / CNBC:
Mastercard partners with Paxos for a program to let financial institutions offer cryptocurrency trading to their clients  —  – Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients.  — The payments giant will act as a “bridge” …

Reuters:
Chainalysis: Binance processed around $7.8B through Iran’s largest crypto exchange Nobitex since 2018, despite US sanctions; 75% of transactions were in Tron  —  Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended …

Ken Sweet / Associated Press:
A report by Senator Warren’s office: fraud and scams are occurring more often on P2P payments app Zelle, with banks only reimbursing ~47% of defrauded customers  —  Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according …

Wall Street Journal:
Sources: US banks backing Elon Musk’s Twitter deal plan to hold all $13B of debt on their balance sheets rather than selling it, amid a difficult debt market  —  Truncated timeline to sell $13 billion in debt—and strained market conditions—could make Twitter the biggest ‘hung’ buyout deal of all time