вЂњAs the Cryptocurrency Enforcement Framework explains, we will adapt our strategy and tools to 21st century financing, including to combat the use of cryptocurrencies to evade enforcement and harm our national security.вЂќ Demers, Assistant Attorney General for the National Security Division. вЂњThe United States has been enormously successful blocking terrorists, rogue regimes, and their supporters from funding their activity using traditional currencies,вЂќ said Task Force member John C. The men and women of the FBI are constantly innovating to keep pace with the evolution of criminals' use of cryptocurrency.' For example, the cyber criminals behind ransomware attacks often use cryptocurrency to try to hide their true identities when acquiring malware and infrastructure, and receiving ransom payments.

вЂњAs this Enforcement Framework describes, we see criminals using cryptocurrency to try to prevent us from 'following the moneyвЂ™ across a wide range of investigations, as well as to trade in illicit goods like criminal tools on the dark web. вЂњAt the FBI, we see first-hand the dangers posed when criminals bend the important technological promise of cryptocurrency to illicit ends,' said FBI Director Christopher Wray. вЂњI am grateful to the Cyber-Digital Task Force for producing this detailed report, which provides a cohesive, first-of-its kind framework for those seeking to understand federal enforcement priorities in this growing space.вЂќ Ensuring that use of this technology is safe, and does not imperil our public safety or our national security, is vitally important to America and its allies,вЂќ said Attorney General Barr. вЂњCryptocurrency is a technology that could fundamentally transform how human beings interact, and how we organize society. The Framework provides a comprehensive overview of the emerging threats and enforcement challenges associated with the increasing prevalence and use of cryptocurrency details the important relationships that the Department of Justice has built with regulatory and enforcement partners both within the United States government and around the world and outlines the DepartmentвЂ™s response strategies. Barr announced today the release of вЂњCryptocurrency: An Enforcement Framework,вЂќ a publication produced by the Attorney GeneralвЂ™s Cyber-Digital Task Force.

Cryptocurrency portfolio bar