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Bridging The Public-Private Sector Gap in Crypto

Feb 18, 2025
In this engaging discussion, Carole House, a Senior Fellow at the Atlantic Council and former White House National Security Council advisor, highlights the critical need for public-private partnerships to tackle cybercrime and illicit finance. She advocates for using blockchain's transparency to deter criminals and emphasizes AI's potential to enhance compliance and cybersecurity initiatives. With insights from her military and regulatory background, Carole explores the national security challenges posed by cryptocurrency and the importance of accountability in the digital economy.
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ANECDOTE

From Army Officer to Crypto Regulator

  • Carole House's soldiers introduced her to Bitcoin in Afghanistan.
  • Years later, she ended up regulating Bitcoin, a path she never envisioned.
INSIGHT

Bridging the Gap

  • The crypto sector and government misunderstand each other's roles and capabilities.
  • This hinders effective public-private partnerships to combat illicit finance.
INSIGHT

National Security Threats

  • State-sponsored cybercrime, using crypto like an ATM, is a major threat.
  • Ransomware, though seeing decreased payments, remains pervasive and harmful.
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