The U.S. Postal Service (USPS) Inspector General (IG) reported that the Postal Inspection Service sufficiently manages seized cryptocurrency. However, opportunities exist to improve its management of cryptocurrency used for investigative purposes. […]

Joe Biden

The continued flurry of high-profile ransomware attacks on critical infrastructure targets in the United States is climbing the ladder of presidential priorities – with President Biden saying it’s on the agenda for his summit with Russian President Vladimir Putin later this month, and White House officials confirming that cryptocurrency will be part of a new examination of global corruption. […]

With more and more people putting their trust in cryptocurrencies, the Internal Revenue Service (IRS) is beginning to research how to crack and decrypt crypto wallets that have been subject to seizure and forfeiture, according to a May 20 request for information (RFI) posted to SAM.gov. […]

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Blockchain technology, along with cryptocurrencies based on that technology, received decidedly mixed views at a Senate Banking, Housing, and Urban Affairs Committee Thursday where witnesses debated the usefulness of blockchain to institutions like banks and government agencies, and shared divergent views on whether the technology has promising potential use cases. […]

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