US Secret Service official calls for ‘anonymity-enhanced’ coins regulation

In his recent address to the Subcommittee on Terrorism and Illicit Finance which is a part of the Financial Services Committee of the U.S. House of Representatives, Secret Service Investigations Office Deputy Assistant Director Robert Novy has stated that anonymous crypto coins should be regulated more tightly.

Along with anonymous cryptocurrencies, third-party blockchain transactions’ anonymizers have been mentioned, as well as cryptocurrency mining pools. What has attracted the attention of the Secret Service in the latter theme remains unknown.

Here is an interesting information for those who follow the news on the US citizens’ privacy laws: the same person calls for the “new reporting requirements or data collection, retention and accessibility requirements for certain businesses or business activities”. This echoes the past event in which Apple openly denied the government access to mobile phones’ data.

Robert Novy has additionally admitted the need of the law enforcement in the highly-skilled cyber sleuths who can follow the latest criminal trends and timely implement countermeasures.

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