President Joe Biden will be working with the United States and a union of other nations to fight against digital crimes. Of course, including the malicious and illicit use of cryptocurrencies.
Additionally, The statement by the white house reveals that the United States will join forces with 30 other countries. Which of course includes, allies from the North Atlantic Treaty Organization (NATO) and Group of Seven (G7) nations, to combat the evil playmakers in the tech and digital asset spaces.
“This month, the United States will bring together 30 countries to accelerate our cooperation in combating cybercrime,…” “…improving law enforcement collaboration, stemming the illicit use of cryptocurrency, and engaging on these issues diplomatically.”
“We are building a coalition of nations to advocate for and invest…” “…in trusted 5G technology and to better secure our supply chains.” “And, we are bringing the full strength of our capabilities to disrupt malicious cyber activity, including managing both the risks and opportunities of emerging technologies…” “…like quantum computing and artificial intelligence.”
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Furthermore, The President urges all Americans and United States companies to follow the procedures. Also, ensure they take the necessary steps to avoid being victims of online crimes.
“The Federal government needs the partnership of every American and every American company in these efforts…” “…We must lock our digital doors – by encrypting our data and using multifactor authentication,…” “…for example – and we must build technology securely by design, enabling consumers to understand the risks in the technologies they buy.”
Conclusively, this is coming from the implementations of the May executive order. Also, the July memorandum to protect serious infrastructure from cyber attacks.
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