The Better Identity Coalition appreciates the opportunity to provide input to the Department of the Treasury on its Request for Comment on Innovative Methods To Detect Illicit Activity Involving Digital Assets.
With regard to this RFC, we believe the key point for Treasury to understand is that a significant portion of illicit activity in digital assets is tied to compromises of identity or authentication – and that the government has a significant role to play in addressing deficiencies in identity and authentication infrastructure that have made it easy for adversaries to perpetrate this fraud.
Find the full filing here.
