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Home Regulations

Bitcoin and Other Crypto Assets Are Tools That Can Be Used for Intelligence Gathering, Says CIA Deputy Director

n70products by n70products
May 3, 2025
in Regulations
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Bitcoin and Other Crypto Assets Are Tools That Can Be Used for Intelligence Gathering, Says CIA Deputy Director
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The deputy director of the Central Intelligence Company (CIA) says that the regulation enforcement and intelligence group can use crypto to trace down US adversaries and disrupt their actions.

In an interview with crypto bull and influencer Anthony Pompliano, Michael Ellis says that Bitcoin (BTC) and different cryptocurrencies have potential makes use of amid views that unhealthy actors use these belongings to hold out illicit actions.

“We use expertise as a device and Bitcoin and different cryptocurrencies are one other device within the toolbox. It’s one thing that we are able to use to disrupt our adversaries’ use of it and we are able to use these applied sciences to gather extra intelligence, to assemble extra details about them. In that respect, Bitcoin is definitely similar to different types of superior applied sciences and one which we now have to prioritize.”

Ellis additionally says that crypto isn’t a passing pattern. He says that whereas not everybody within the authorities shares open or progressive views about new applied sciences, he and CIA Director John Ratcliffe are serving to lead adjustments within the intelligence company.

“Bitcoin is right here to remain. Cryptocurrency is right here to remain. Increasingly establishments are adopting it and I believe that’s a terrific pattern and one which this administration has been clearly leaning ahead to.”

 

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