U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money via crypto transactions.
New Strike Force Set to Target Overseas ‘Pig Butchering’ as U.S. Hits Burma Operation
U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money via crypto transactions.
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“The Department of Justice is not a digital assets regulator,” U.S. Deputy Attorney General Todd Blanche said in the Monday night memo.
Cryptocurrencies are currently categorized as a "means of settlement" under the Payment Services Act, a designation that has governed their use primarily as a payment tool rather than as investment
White House crypto advisor Patrick Witt said stablecoins are the “gateway drug” for global finance and that Washington is racing to deliver regulatory clarity.
While the government shutdown is slowing the SEC's work, Atkins said he still intends to initiate formal rulemaking by the end of 2025 or beginning of 2026.