A Fox Business crypto reporter said in a post on X that a bill has added a new section focused on strengthening law enforcement capacity to investigate crypto-related crime. The section would direct more funding to state and local crypto investigations as well as blockchain analytics tools, while also creating new training programs for law enforcement agencies and prosecutors. It would also establish a "cyber center" to respond to threats linked to state actors including North Korea and Iran, and set up a public-private task force to coordinate efforts against crypto fraud. In addition, the bill would require stablecoin issuers, when appropriate, to comply with lawful orders to freeze, seize, burn, and reissue tokens. The post described the new language as a dedicated enforcement-focused addition to the bill.
A Fox Business crypto reporter said in a post on X that a bill has added a new section aimed at strengthening law enforcement's ability to investigate crypto-related crime.
New section centers on investigative capacity
According to the post, the added section would increase funding for state and local crypto investigations and for blockchain analytics tools. It would also create new training programs for law enforcement agencies and prosecutors.
Cyber threats and anti-fraud coordination
The section would establish a "cyber center" to address threats from state actors including North Korea and Iran. It would also create a public-private joint task force to coordinate efforts against crypto fraud.
Stablecoin issuers would need to follow lawful orders
The bill would also require stablecoin issuers, when appropriate, to comply with lawful orders to freeze, seize, burn, and reissue tokens.
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