European committee green-lights tougher sentences for digital payments fraud

Criminals cashing in on digital payment trends and the rise of cryptocurrencies can expect stiffer jail sentences under new rules approved by a powerful European Parliament committee.
The Civil Liberties Committee passed plans to combat fraud and counterfeiting of non-cash means of payment such as cards, electronic wallets, mobile payments and virtual currencies in an effort to remove gaps in national legislation and introduce more effective deterrents. Read more…