US Secret Service officials answered questions about cryptocurrencies at a question-and-answer event they held minutes ago.
US Secret Service Reveals Its Opinion on Monero (XMR)
Asked by his followers about their general view of the Monero (XMR) altcoin and whether it is seen as a threat by the United States, Secret Service officials replied:
“Our friends at the Department of Justice consider the use of cryptocurrencies with increased anonymity, such as Monero, to be a high-risk activity that is indicative of possible criminal behavior.”
Anonymized cryptocurrencies are cryptocurrencies that provide privacy features such as hiding the identity of the parties to a transaction and limiting the ability of third parties to track transactions. This is in contrast to privacy-free cryptocurrencies like Bitcoin, which allow anyone to view public records of transactions on a blockchain.
After that, the same follower asked the Secret Service officials if they had ever considered issuing their own tokens or even meme tokens, this time the officials replied:
“You know, we are trying to learn as much as we can about various digital asset areas. Last year, during the NFT rush, we created and minted our own collection to help us understand its mechanisms and functions.”
*Not investment advice.