The US government claims to have broad jurisdiction over cryptoma-related business.
The Cryptocurrency Enforcement Framework published by the US Department of Justice on Thursday cites a series of cases in which the authority will exercise its authority over foreign actors in the country: „where transactions of virtual assets touch financial, data storage or other computer systems within the United States,“ if they use crypto nation pro to import illegal goods into the US and if they „provide illicit services to defraud or steal from US residents.
This also applies to foreign entities that transmit money within the country, even if they are incorporated abroad.
In addition, the Department claims to have the authority to prosecute any foreign actors who use cryptomime to support terrorist activities:
„Finally, it is worth emphasizing that if conduct involving virtual currency violates U.S. statutes regarding material support for terrorism, the U.S. government could appropriately claim jurisdiction over such crimes anywhere in the world, according to due process, under the principle of protective jurisdiction. ”
The report also cites the use of Zcash, Monero and DASH as „indicative of possible criminal behaviour“.