Beth A. Williams is not a household name. However, until Dec. 11, she played a major role in how the US Justice Department sees crypto. The Assistant Attorney worked in the DoJ’s Office of Legal Policy for years. In that time, she made a difference in the department’s actions.
She helped pen the Report of the Attorney General’s Cyber Digital Task Force. This Oct 2020 document laid the groundwork for digital asset lawmaking for the US federal government. The document is just beginning to affect law enforcement.
When DoJ released the framework on Oct 8, 2020, Williams praised the document as a milestone in financial policy. In her opinion, the legal framework was meant to protect the public. She said:
The Department of Justice is committed to protecting the public from current and emerging cyber threats, including those involving cryptocurrency and related technologies.
Also, when that framework was originally announced, influential crypto enthusiasts saw it as a very bullish sign for Ripple’s XRP. Ripple made their crypto currency regulator-friendly. In doing so, XRP could form the basis of a Central Bank Digital Currency (CBDC).
Read more: https://beincrypto.com/doj-crypto-policy-maker-leaves-post/