Cryptocurrency Enforcement Framework Announced by The DOJ

Oh yes, those “dangers of the adoption of cryptocurrencies”. I’m so glad the nanny state is here to hold my hand!

https://cryptopotato.com/us-department-justice-publishes-cryptocurrency-enforcement-framework/

The US DoJ published its Cryptocurrency Enforcement Framework, explaining its views and actions to tackle criminal activities on the crypto-verse.

The United States Department of Justice is focusing its attention on the crypto-verse and how to control that ecosystem. On October 8, 2020, the US Attorney General released a report talking about the dangers associated with the adoption of cryptocurrencies and the expectations of the DOJ in this regard.

The “Cryptocurrency Enforcement Framework” is an 83-page document published by the Attorney General’s Cyber Digital Task Force. The 20+ person team believes cryptocurrencies are risky because they make it easier for criminals to transfer funds and evade authorities.

The Cyber Digital Task Force thinks the report could serve as a reference for the Department of Justice and other agencies to adapt their procedures under the recommendations and warnings presented in it.