President of the United States Donald Trump signed an order, according to which a working group will be created, which, among other things, will develop a guide for the investigation of crimes in the field of digital currencies. This is reported by CoinDesk.
New unit is called the 'Task Force on Market Integrity and Consumer Fraud'. According to the presidential order, published on the website of the White House, task force must solve a number of problems related to fraud prevention. The cryptocurrency industry is mentioned in the document in the context of "digital currency fraud", which is one of the priority issues on which the working group "provide guidance for the investigation and prosecution of cases involving fraud".
In what form the leadership will be issued, it is not clear, but it can be assumed that the working group will draw up a report for the presidential administration.
A lot of these schemes involve bitcoin and other cryptocurrencies which do not flow through the traditional financial system. What we're working on now with our cybercrime task force is a working on a comprehensive strategy to deal with that.
Deputy Attorney General, USA
At the same time, Trump's new initiative does not cause surprise. This year, US authorities announced that they are working on a "comprehensive" strategy for crypto-currencies aimed at addressing the problem of fraud in this industry. In February, the Ministry of Justice formed a working group on cybersecurity, which also deals with crypto-currencies.