CIA Confirms that Works on Crypto Projects
Dec, 2021

CIA Confirms that Works on Crypto Projects

CIA director, William Burns, confirmed in Wall Street Journal’s CEO Summit that CIA and other governmental agencies are working in projects related to cryptocurrencies and overall the blockchain technology. Indeed, the director referred that the CIA has already from his predecessor working teams around cryptocurrencies.


CIA stated that “it wants to research on 2nd and 3rd consequences that are created through cryptocurrencies in similar cases that are processed from other CIA departments”.


The projects that are interesting for CIA are about ransomware, where many of them are asking for cryptocurrencies as ransoms. The cooperation with the Department of Treasury is a standard for the next years means that there will be greater partnership with other agencies.