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US Lawmakers Propose Bill Granting President Authority to Combat Overseas Cryptocurrency Theft

US Lawmakers Propose Bill Granting President Authority to Combat Overseas Cryptocurrency Theft

ChaincatcherChaincatcher2025/08/21 00:17
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According to ChainCatcher, as reported by Bitcoin Laws, Arkansas Congressman David Schweikert has introduced a new bill proposing that the President be allowed to issue "letters of marque," authorizing individuals and companies to apprehend cryptocurrency fraudsters outside the United States. The proposal aims to strengthen efforts against cryptocurrency theft and protect the interests of the industry.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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