US will engage 30 countries to crack down on illegal use of cryptocurrencies

US will engage 30 countries to crack down on illegal use of cryptocurrencies

The United States will hold a meeting with representatives of 30 countries to jointly combat cybercrime and the illegal use of cryptocurrencies. This was announced by US President Joe Biden.

It is not specified which countries are being referred to.

The coalition of countries will also deal with the development of 5G technology, supply chain security, management of "risks and opportunities" of quantum computing and artificial intelligence.

Recall that amid several cyberattacks on major US companies, the Biden administration cited the tracking of cryptocurrency transactions as one possible option to combat ransomware.

As media reported in September, the US is preparing a series of measures aimed at combating cryptocurrency payments to encryption virus operators.

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