The US government has launched a cybersecurity information-sharing initiative aimed at strengthening protection for firms operating in the digital asset sector.
The programme, introduced by the US Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP), will provide eligible digital asset companies and industry organisations with access to the same cyber threat intelligence shared with traditional financial institutions, according to Finextra.
The initiative comes as digital asset platforms continue to face significant cyber risks. Just days ago, decentralised finance platform Drift suspended deposits and withdrawals after reportedly losing hundreds of millions of dollars in a cyberattack.
Under the new initiative, qualifying US-based digital asset firms will receive actionable cybersecurity information at no cost, helping them respond more quickly to emerging threats and strengthen operational resilience.
The move reflects growing recognition of the digital asset sector’s increasing importance to the broader financial system and the need for stronger cyber defences as the industry expands.
Tyler Williams, Counselor to the Secretary for Digital Assets at the US Treasury, said, “This initiative reflects the principles of the Genius Act by promoting responsible innovation grounded in strong cybersecurity and operational resilience.
“As digital assets become more integrated into the financial system, access to timely and actionable cyber threat information is essential to protecting consumers and safeguarding the stability of US financial markets.”
The Treasury said the initiative is designed to support collaboration between government and industry, ensuring that digital asset firms have the intelligence required to defend against evolving cyber threats.
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