The task force has proposed new rules that would facilitate aggressive cryptocurrency tracing and tighter licensing requirements for businesses handling digital assets.
Government and industry have teamed up to fight a major increase in ransomware, with a newly formed ransomware task force calling for new measures to more aggressively trace Bitcoin and crypto capital flows.The task force includes law enforcement including FBI and U.S. Secret Service agents working alongside representatives of leading security and tech firms.According to an April 29 report from Reuters citing anonymous sources from the Department of Justice’s task force, the group is calling for new guidelines designed to cut through the anonymity of digital asset transfers that will soon be reviewed by Congress.The proposed measures includes tightened KYC requirements for crypto asset exchanges, expanded licensing requirements for entities operating with c
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