Post
Topic
Board Bitcoin Discussion
Re: How Informed is Your Country's Police About Crypto?
by
chaoscoinz
on 17/11/2019, 14:10:07 UTC
In my country, I see many sites that are Bitcoin ponzi and scams. These thrive because the police put in little effort in tacking them. I like the awareness being created by the Indian police. What is the awareness level of law enforcement about crypto in your country? If All Police Officers are Trained in Crypto... https://www.cryptoinfowatch.com/indian-police-train-officers-on-cryptocurrency/
In the United States of America the policy for cryptocurrencies is pretty strict. There happens to be several governmental organizations that exist to uphold the law within the financial sector. When dealing with assets like cryptocurrency, the sector falls into one of many areas of law. The CFTC or (The Commodities Futures Trading Commission) is there to regulate commodities, & Futures.
  Then there is the SEC (The Securities Exchange Commission), which regulates securities laws.
 Last but definitely not least is the IRS ( Imternal Revenue Service), they regulate tax. So as you can see, there are many regulatory bodies in existence.