The Blockchain Monitor

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In June 2022, the Department of Justice (DOJ) issued a report (Report) recommending increased cooperation among international law enforcement agencies to combat threats and crime related to the use and proliferation of digital assets and to address obstacles unique to the asset class. Specific actions recommended by the Report include expanding U.S. relationships with international partners through strategic coordination and information sharing and addressing enforcement gaps related to jurisdictional limitations. The Report recognizes the critical need to share information quickly across borders to effectively investigate and deter criminal activity involving digital assets that are not bound by national financial systems. Closing regulatory gaps that presently exist among nations that inure to the benefit of wrongdoers is also noted as an important step.

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Read full alert <a href="https://www.bakerlaw.com/DOJ-Calls-on-International-Partners-to-Improve-Investigative-Efficiency-in-Response-to-President-Bidens-Executive-Order-on-Risks-Involving-Digital-Assets">here</a>.

Chicago

Partner

Robert A. Musiala Jr.

New York

Carlos F. Ortiz

Associate

Veronica Reynolds

Christina O. Gotsis

DOJ Calls on International Partners to Improve Investigative Efficiency in Response to President Biden’s Executive Order on Risks Involving Digital Assets