welcome
CNBC

CNBC

Business

Business & Economics

The criminal question in the coming wave of pro-crypto legislation

CNBC
Summary
Nutrition label

81% Informative

Congressional action is expected to focus on spurring development of the U.S. cryptocurrency industry.

But cybersecurity is an issue, and criminals are changing tactics to evade authorities.

The incoming Trump administration has been touting its crypto bona fides, with a focus on the industry rather than the consumer.

Cybercrime operations in bitcoin remain viable and unlikely to suffer government disruption to operators in the space, says Baker .

Baker predicts regulation centered on organizations issuing cryptocurrency payments is more likely achievable and palatable in the current regulatory environment.

This approach can be argued as regulating end users and purposes rather than the underlying cryptocurrency itself.

VR Score

86

Informative language

88

Neutral language

56

Article tone

formal

Language

English

Language complexity

80

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links