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!
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.