Why state and local agencies need to prepare for cryptocurrencies

Why state and local agencies need to prepare for cryptocurrencies

From StateScoop Radio by StateScoop

September 19, 2022 · 10 min

About this episode

The episode discusses the implications of cryptocurrency for state and local agencies, highlighting both challenges and opportunities.

Cryptocurrency has ushered in a new way for consumers and businesses to transfer value. That’s presenting new challenges — but also new opportunities — for state and local governments and law enforcement agencies, according to Kat Faley, director of state and local government at Chainalysis, a blockchain data and software service provider. “A lot of people think about crypto as this digital platform, which is certainly true. But we also know that there are almost 35,000 Bitcoin ATMs located in grocery stores and gas stations all across the United States—something that these agencies need to be staying ahead of,” says Faley. Guest: Kat Faley, director of state and local government, Chainalysis Host: Wyatt Kash, SVP, Content Strategy, Scoop News Group This podcast was produced by Scoop News Group for StateScoop and underwritten by Chainalysis.

People in this episode

Host: Wyatt Kash

Guest: Kat Faley

Topics covered

  • cryptocurrency
  • state government
  • local government
  • law enforcement
  • blockchain

Keywords

  • Bitcoin ATMs
  • Chainalysis
  • value transfer
  • government preparedness
  • law enforcement challenges

Mentioned in this episode

Products: Chainalysis

Places: the United States

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