Central Intelligence Agency Director William Burns said his predecessor at the United States government agency initiated projects focused on gathering intelligence on cryptocurrency.
Fielding a question on crypto at the Wall Street Journal CEO Council Summit on Monday, Burns said the CIA was looking to add expertise in cryptocurrencies and blockchain to its team of intelligence analysts in addition to communicating with industry experts. He said the challenges from the crypto space “could have enormous impact” on the U.S., given what he has already seen in ransomware attacks.