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McGuireWoods Authors Examine National Security Implications of Crypto Assets

McGuireWoods Authors Examine National Security Implications of Crypto Assets

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McGuireWoods partners David Hirsch, Jason Cowley and J. Patrick Rowan and associate Steffanny Acevedo explored issues surrounding digital assets and national security in the May 2026 edition of The Review of Banking & Financial Services.

While crypto assets introduce new risks — including large-scale theft by state-sponsored actors, “pig butchering” fraud schemes, money laundering, sanctions evasion and ransomware — they also present opportunities to strengthen U.S. financial systems and extend global economic influence, the authors wrote.

Crypto assets “present a complex set of national security considerations, as all financial…

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