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Trump Administration Working on ‘Comprehensive Strategy’ for Crypto

“One of the challenges we have in law enforcement is making sure our employees are fully skilled, because the criminals will always be one step ahead.”

Recently, the deputy attorney general of the U.S. said that the government is working on a “comprehensive strategy” around cryptocurrencies.

This week, Rod Rosenstein spoke at the Financial Services Roundtable’s spring conference that a new cybercrime task force build by the Justice Department will develop a strategy around crimes involving the tech.

 “What we’re working on now with our cybercrime task force is a working on a comprehensive strategy to deal with that.” he remarked. The representatives of task force comes from a range of law enforcement agencies, including the FBI, the U.S. Marshals Service and the Drug Enforcement Agency, among others.

Rosenstein also obviously oppose the idea that cryptocurrencies are fully anonymous. He said that a key element of the Justice Department’s efforts is training federal officials on how the technology works and the strategies for tracking such digital trails.

He explained, “One of the challenges we have in law enforcement is making sure that our employees are fully skilled, and to make sure we have the agents and the prosecutors with the skills and the expertise, Because the criminals will always be one step ahead.”

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