The U.S. Department of Homeland Security wants to know whether there is a way to track privacy coins that could be used for criminal activity.

pre-solicitation document published by the DHS Small Business Innovation Research Program shows the agency would love to find a way to conduct forensic analysis on privacy-focused cryptocurrency, CoinDesk reports.

In the document, DHS mentions zcash (ZEC) and monero (XMR) in particular because they emphasize privacy and anonymity as important features. That can make it difficult to determine where a transaction originates or how much is sent, which is worrisome to the agency, especially when other privacy coins may be developed.

DHS stresses it is not soliciting bids just yet, it just wants to know if what it wants to do is feasible. The pre-solicitation period began Nov. 30 and lasts through Dec. 18. Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at contact@thirtyk.com.