🗣CIA: Crypto Is a Tool of Geopolitics
🟡Cryptocurrency is becoming a new arena of competition between the U.S. and rivals like China, said CIA Deputy Director Michael Ellis. Key points from his statement:
⏺Bitcoin is part of the tech race — the U.S. can’t afford to fall behind.
⏺The CIA is working with law enforcement to track illicit activity via blockchain’s “pseudo-anonymity.”
⏺Crypto can be used for intelligence operations and disrupting adversaries — including through sanctions and anti-terrorism efforts.
⏺Despite this, crypto will remain a global financial instrument, especially as institutional interest grows.
⏺The U.S. has already begun building a strategic Bitcoin reserve.