President Joe Biden stated that the United States found ideological allies in the fight against illegal cryptoids and in October, organize an international online meeting dedicated to counteracting cyber protests. According to the American government plan, the meeting will start the creation of a coalition of 30 participating countries, writes Reuters.
“We will collect 30 countries together to intensify cooperation in the fight against cybercrime, improve the interaction of law enforcement agencies and stop the illegal use of cryptocurrency,” the presidential statement published on the White House website. The new informal US association was called “Initiative to combat extortionists” (Counter-Ransomware Initiative).
One of the officials of the administration of Byjden said that the main goal of the meeting will be the solution to the problem of “unlawful use of virtual currency to obtain a ransom”. The United States intends to “investigate and persecute criminals”, many of which are anonymous and are engaged in attacks of foreign institutions. The announcement of the meeting also indicates that the participants will discuss protection and investment in 5G technology and ensuring the safety of global supply chains. In his statement, Biden did not indicate which states of the United States invited to dialogue.
The Administration of Biden was concerned with the issue of cybersecurity after a series of hacker attacks on large companies that threatened to destabilize energy supplies and food in the United States. The JBS meat producer paid to extortioners of $ 11 million to return control over its system. JBS was subjected to Cyberatka on May 30, after which the work was stopped asked in several countries. The largest COLONIAL PIPELINE fuel pipelines operator transferred to the hacker group almost five million dollars for access recovery. Part of the amount was later returned by the company’s efforts by the US law enforcement agencies, however, due to the cyberatics in the coastal states of the southeast, the United States began a lack of gasoline and diesel fuel, and American Airlines airlines canceled several flights due to the lack of aircraft carrier. Both companies paid redemption in Bitcoins.
Chairman of the Federal Reserve System (Fed) by Jerome Powell on September 30 reported that the United States does not plan to prohibit cryptocurrency, but consider it necessary to tighten control over the stelkins (cryptocurrencies affected by real assets – money or securities). The statement of the Fed chapter caused the lightning growth of Bitcoin for ten percent. On October 1, the price of the currency price increased $ 3,500 to $ 47,350 (as of 16:00) – the greatest daily growth since July. At the same time, the United States steadily strengthens the regulatory measures against cryptocurrency. The Chairman of the Securities and Exchange Commission, Gary General, takes a tough position on this issue. In July, he called this industry “The West West of the US Financial System”, which “desperately needs the rules.” Also, the Minister of Finance of the country, Janet Yellen, reported that the Tax Department (IRS) will soon announce the rules of taxation of transactions with cryptocurrency.