US Lawmakers Propose Task Force Against Crypto Theft

U.S. lawmakers have introduced a bill in the House of Representatives aimed at establishing a federal task force dedicated to combating cryptocurrency theft. The proposed legislation, known as the Federal Cryptocurrency Theft Enforcement and Coordination Act, seeks to create a coordinated government effort to address the rising issue of digital asset crime. This initiative underscores growing concerns among policymakers regarding the security of crypto assets and the need for enhanced measures to protect investors and victims of theft. The task force would likely focus on investigation, prosecution, and victim support.