US Secret Service Launches Crypto Awareness Hub to Educate the Public on Digital Asset Security – Regulation Bitcoin News

A cryptocurrency awareness hub has been launched by the U.S. Secret Service. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.”

Secret Service’s Crypto Awareness Hub

The U.S. Secret Service announced last week that it “has launched a cryptocurrency public awareness hub.”

The Secret Service was established in 1865 by the Treasury Department as a bureau to combat widespread counterfeiting. It is now part of the Department of Homeland Security. Its website states: “We have an integrated mission of protection and financial investigations to ensure the safety and security of our protectees, key locations, and events of national significance.”

Here are the details of the announcement

The new website will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.

Jeremy Sheridan, assistant director of the Secret Service Office of Investigations, explained: “Our obligation to enforce crimes against the nation’s financial systems includes both informing the public on how digital assets work and partnering with them to identify, arrest, and prosecute those engaging in crimes involving digital assets.”

The Secret Service works in close partnership with the U.S. Department of the Treasury to investigate and “directly address the financial motive of cybercrime through asset seizures and other actions,” the announcement adds, elaborating:

Although transactions and investments using digital assets and cryptocurrencies aren’t necessarily criminal, they offer new avenues for people who want to conceal fraud and other illegal activity.

How do you feel about the U.S. Secret Service setting up a hub for cryptocurrency awareness? Please comment below.

Kevin Helms

Kevin, a student of Austrian Economics and evangelist since 2011, discovered Bitcoin. He is interested in Bitcoin security and open-source software, network effects, and the intersection of cryptography and economics.

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