The intelligence agencies will be helped by virtual asset experts

​The CIA will closely monitor cryptocurrencies

09.12.2021 - 13:15


1 min

What’s new? The CIA Director William Burns confirmed at The Wall Street Journal CEO Council Summit that the intelligence agencies are actively studying blockchain to combat cybercrime. The CIA is now looking for experts on blockchain and cryptocurrency, Markets Insider reports.

The Markets Insider material

What did William Burns add? The CIA chief stated that the cryptocurrency research projects were started by his predecessor David Cohen.

“We have launched a number of different projects focused on cryptocurrency…Giving our colleagues in the US government reliable information on what we know."

The intelligence agencies' top priority will be “ransomware”, a type of malware that locks a computer and encrypts files until the attackers’ demands are met. William added that the publicity of the blockchain transactions will make forensic analysis easier.

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