Without providing any other information, the U.S. Justice Department announced in a statement that it would “launch a substantial, international cryptocurrency enforcement action” on Wednesday.
 
The US Department of the Treasury will also declare an action in this space, according to the statement. U.S. officials would announce the plan at 12 PM (1700 GMT), the department was informed.
 
At 10:30 IST, a number of US government representatives will appear in Washington, including Deputy US Attorney General Lisa Monaco and Deputy US Treasury Secretary Wally Adeyemo (1700 GMT).
 
The US attorney for the Eastern District of New York and the assistant deputy director of the FBI will also be there.
 
Bitcoin is currently experiencing its longest winning streak in more than nine years, presumably shaking off any negative sentiment it was mired in last year, and is on the verge of experiencing its longest winning streak in almost ten years as cryptocurrency-related stocks are once again on the rise.
 
At 1:16 PM in New York on Tuesday, bitcoin was trading at $21,209, up as high as 2.1 percent. In addition, the value of other tokens has increased, with an index of the 100 largest coins rising by around 2.5 percent. Shares of other companies active in the cryptocurrency sector increased even higher, including Marathon Digital Holdings Inc., Riot Platforms Inc., and Coinbase Global Inc.
 

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