A top official from the United States Secret Service (USSS) says the agency can track the flow of Bitcoin (BTC) and other cryptocurrencies in a similar manner to email addresses, and it has seized more than $102 million in crypto across 254 cases since 2015. USSS assistant director of investigations David Smith told CNBC that the transparent and immutable aspect of blockchain ledgers means investigators can trace transactions easier than fiat in some cases. “One of the guiding principles of the blockchain is that it is a public ledger that’s shared and everyone with a little bit of computing power …

The tide is turning on the way in which law enforcers discuss cryptocurrencies and treat crypto users. The United States Secret Service has launched a cryptocurrency awareness hub featuring a cheesy public service announcement video. The educational tool seeks to combat the “illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.” Watch the video here: "Secret Service: Safeguarding the next generation currency", Source: U.S. Secret Service Youtube U.S. Secret Service Office of Investigations Assistant Director Jeremy Sheridan said that the hub focuses on "investigating financial crimes." …

Earlier this week, the word “cryptocurrency” made it to the text of one of the United States government’s most consequential strategic documents: the Trump administration’s budget proposal for the 2021 fiscal year. However, the budget does little to enhance blockchain-powered innovation, as it included no additional taxpayer dollars in funding. The premise for mentioning digital currencies was, in fact, quite the contrary: the need to step up measures against financial crimes. To that effect, the White House is proposing to bring the U.S. Secret Service — the agency tasked with both protecting the nation’s leaders as well as safeguarding its …