U.S. lawmakers propose to authorize the president to combat overseas cryptocurrency theft

2025-08-21 08:14:10

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According to ChainCatcher news, as disclosed by Bitcoin Laws, U.S. Arkansas Congressman David Schweikert has introduced a new bill proposing to allow the president to issue "privateering licenses," authorizing individuals and companies to apprehend cryptocurrency fraudsters outside the United States. The proposal aims to strengthen the crackdown on cryptocurrency theft and protect the interests of the industry.

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U.S. Cryptocurrency Legislation and Policy Trends

The U.S. Congress is reviewing several bills related to cryptocurrency, aimed at clarifying the legal status and regulatory framework of cryptocurrencies. Meanwhile, regulatory agencies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are also actively issuing guidance and regulatory measures to ensure the transparency and legality of the cryptocurrency market. This topic will track these developments.

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