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Pres. Trump’s 2021 Budget Proposal Seeks to Optimize Crypto Policing

Claudia Rivera

Summary: President Donald Trump's $4.8 trillion budget for the fiscal year 2021 looks to expand oversight on cryptocurrency returning to the U.S. Secret Service, according to coindesk.  This move will allow the Secret Service to look into criminal acts in the financial marketplace to disrupt terrorist financing and other financial crimes. The Secret Service could give ...

President Donald Trump's $4.8 trillion budget for the fiscal year 2021 looks to expand oversight on cryptocurrency returning to the U.S. Secret Service, according to coindesk. 

This move will allow the Secret Service to look into criminal acts in the financial marketplace to disrupt terrorist financing and other financial crimes. The Secret Service could give a boost to the Treasury's cyber fighting efforts. The budget is far from becoming law, it is more of a document outlining the administration's priorities since the budget process has to go through the U.S. House of Representatives.

By Claudia Rivera

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