Curious isnt the role of the secret service to protect the president and other elected officials/representatives? Why are they charged with launching crypto currency awareness? It almost feels like the executive branch is pushing for cryptocurrency crackdown through sketchy agencies.
Until 2003, the Secret Service was part of the Department of the Treasury, as the agency was founded in 1865 to combat the then-widespread counterfeiting of U.S. currency.
They are treated as commodities for tax purposes: when you sell them or use them to buy something, there is a tax consequence because you saw a gain or loss.
They were founded to investigate currency fraud and forgery and even were under the Treasury Department until 2003. I'm think that this fits in as a modern continuation of that role as there are some fraudulent activities going on in the crypto space.
For historical reasons, the Secret Service does both VIP protection and prevention of financial fraud.
They were originally the Treasury Department's enforcement arm. After Lincoln's assassination, the federal government realized it needed bodyguards, and the Treasury Department police were the only federal civilian police force that existed at the time.
