The Cryptocurrency Enforcement Framework issued by the U.S. Division of Justice stipulates a variety of instances the place it should exert its authority over overseas actors: “the place digital asset transactions contact monetary, knowledge storage, or different pc methods inside the USA”, in the event that they use cryptocurrency to import unlawful merchandise into the U.S. and in the event that they “present illicit companies to defraud or steal from U.S. residents”. This additionally applies to overseas entities that have interaction in cash transmission within the nation even when they’re included overseas.

Moreover, the Division purports to have the authority to prosecute any overseas actors who use cryptocurrency to help terrorist actions:

“Lastly, it bears emphasizing that if conduct involving digital foreign money had been to violate the U.S. statutes relating to materials help of terrorism, the U.S. authorities may appropriately assert jurisdiction over such offenses anyplace on the planet, in step with due course of, beneath the precept of protecting jurisdiction.”

This story is growing and can be up to date.