US President Joe Biden Collects Countries for Cryptocurrencies!

Is the US recruiting allies to fight cryptocurrencies? US President Joe Biden is forming a 30-nation coalition to combat cybercrime, including the illegal use of cryptocurrencies. President Joe Biden has announced that the United States is forming a union of nations to combat digital crime, including the malicious use of cryptocurrencies.

Why are cryptocurrencies on target?

cryptocoin.com As we have reported, according to a statement released by the White House, Joe Biden said that the United States has 30 countries, including allies from the North Atlantic Treaty Organization (NATO) and Group of Seven (G7) countries, to counter the bad actors in the technology and digital asset fields. He said he would join forces with The statement in question includes the following statements:

This month, the United States will bring together 30 countries to accelerate our cooperation in combating cybercrime, enhance law enforcement cooperation, curb the illegal use of cryptocurrencies, and address these issues diplomatically.

We are forming an international coalition to advocate and invest in reliable 5G technology and better secure our supply chains. We unleash the full power of our capabilities to disrupt malicious cyber activity, including managing both the risks and opportunities of emerging technologies such as quantum computing and artificial intelligence.

Is the meeting actually a result of cyberattacks on US infrastructure?

According to a White House statement, Joe Biden also urges all Americans and US companies to take steps to protect themselves from falling victim to online crime:

The federal government needs the partnership of every American and every American company in these efforts. For example, we must lock our digital doors by encrypting our data and using multi-factor authentication and build technology securely by design, ensuring that consumers understand the risks in the technologies they buy.

The announcement by the White House comes just after the White House issued an executive order in May and a memorandum in July to protect critical US infrastructure from cyberattacks.

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