Federal Cryptocurrency Theft Enforcement and Coordination Act

The Federal Cryptocurrency Theft Enforcement and Coordination Act establishes a new task force within the Department of Justice to coordinate efforts against cryptocurrency theft. Led by the Attorney General, this group will include representatives from agencies such as the FBI and the Treasury to improve how federal, state, and local law enforcement investigate and prosecute these crimes. The task force is responsible for sharing information, providing training on digital evidence collection, and identifying gaps in current laws without creating new criminal offenses or regulating digital assets. Additionally, the Attorney General must submit annual reports to Congress detailing the task force's activities and offering recommendations for future improvements.