Visa issued this compliance memo on December 2. The memo cites that the financial giant is well-aware of the ongoing scheme practiced by cannabis merchants to conceal cannabis-related transactions. The memo explains that cashless ATMs are not meant to disburse cash to cardholders; instead, they are POS devices that should be used with payment applications that are similar to regular ATMs. The cashless devices are used for purchases that are falsely labeled as ATM cash withdrawals. Purchase amounts are frequently rounded up to simulate a cash disbursement.

Nobody thinks of Deadwood when considering the major gambling hubs in the US. Yet South Dakota gambling laws have allowed it to become a gambler's paradise. Find out more.

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South Korea’s tax agency is looking into crypto investment firm Hashed according to local media.

Not long ago, disinformation campaigns were rather unsophisticated. These days, however, threat actors put serious time and effort into crafting their attacks.

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Russian lawmakers will reportedly begin working on the legal adjustments needed to implement the digital ruble plan scheduled for early 2022.