【U.S. Senator Proposes to Authorize President to Combat Overseas Cryptocurrency Theft】According to Golden Finance reports and disclosures from Bitcoin Laws, U.S. Arkansas Congressman David Schweikert has introduced a new bill suggesting that the president be allowed to issue 'privateering licenses' to authorize individuals and companies to apprehend cryptocurrency fraudsters outside of the United States. The proposal aims to strengthen efforts to combat cryptocurrency theft and protect industry interests.