Crypto Currency + Human Trafficking Legislation + Utilities

Who is calling for Human Trafficking legislation to include a cryptocurrency angle? former director of the Office of Illicit Finance at the U.S. Department of Treasury

What is the link between human trafficking and cryptocurrency? human traffickers use anonymous, decentralized financial systems (bitcoin etc…) to shield payments of unlawful activities from police and regulators

How can this be regulated?

• Better oversight over cryptocurrency miners by tracking excessive electricity usage
• Create a new form of regulated financial institution, a “virtual asset transaction validators,” , crypto miners
  • the financial transaction validators would be gatekeepers to watch for bad actors

National Law Review | Former Director of Office of Illicit Finance Calls on U.S. Congress to Regulate Crypto Miners in Effort to Combat Human Trafficking