Friday, July 1

CIA Director Says Agency Currently Has “A Number Of Different Projects” Focusing On Cryptocurrencies By CoinTelegraph

© Reuters. The CIA director says the agency currently has “a number of different projects” focused on cryptocurrencies.

The current director of the Central Intelligence Agency, William Burns, said that his predecessor at the government agency started projects focused on gathering intelligence on cryptocurrencies.

Responding to a question about cryptocurrencies at the Wall Street Journal’s Council of CEOs Summit on Monday, Burns said the CIA was looking to add cryptocurrency and blockchain expertise to its team of intelligence analysts, in addition to communicating with experts from the industry. He said the challenges of the cryptocurrency space “could have a huge impact” on the United States given what it has already seen in ransomware attacks.

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“My predecessor had started this,” Burns said, probably referring to the actions of former acting CIA director David Cohen. “[Ellos] They had launched a number of different projects focusing on cryptocurrencies and trying to look at second and third order consequences as well and help with our colleagues in other parts of the US government to provide robust intelligence on what we are seeing as well. ” .

Read the full article on Cointelegraph

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