Cryptocurrency and Concerns. FBI’s Turn to Express Them – Spotlight

Federal Bureau of Investigation (FBI) Director, Christopher Wray has made some bold statements about cryptocurrency, law enforcement, and terrorist deterrence.

The FBI Director, Christopher Wray reportedly made his comments before the U.S. Senate Homeland Security and Governmental Affairs Committee. He stood before the committee answering U.S. Senator Mitt Romney’s questions about cryptocurrency and terrorist prevention.

Quoting Wray: “Cryptocurrency’s a significant issue that can become much bigger for the U.S. law enforcement.”

Potential criminal threats

Christopher Wray’s comments came to light when Republican Senator and former presidential candidate, Mitt Romney asked if there’s a need to examine cryptocurrencies more.

He also asked about possible ways of dealing with cryptocurrencies. As well as, the challenges they present to American anti-terrorist activities.

Quoting Romney: “I’m not in the Banking Committee. I don’t understand how cryptocurrency works. I’d…