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13 May 2021

Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation – Regulation Bitcoin News

Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation – Regulation Bitcoin News


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Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation – Regulation Bitcoin News.

A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware.

“The cryptocurrency sector that enables ransomware crime should be more closely regulated,” the task force wrote.

A task force, organized by the Institute for Security and Technology, submitted a report entitled “Combating Ransomware” to the Biden administration Thursday with 48 recommendations, some of which aim at tightening crypto regulation.

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