Europol and Interpol Partner to Fight Digital Currency 'Abuse'
Europol and Interpol have agreed to work together on issues related to the criminal use of digital currencies. The partnership became official during this year's Interpol - Europol Cybercrime Conference, an annual gathering of international law enforcement officials, held in The Hague. The event, Europol said, drew more than 350 attendees. According to a statement from Europol, the partnership will see coordination "against the abuse of virtual currencies for criminal transactions and money laundering". The statement said: "[The partnership] will include actions around policy, stimulating....
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In an effort to tackle money laundering through virtual currencies like bitcoin, two prominent law enforcement agencies – Europol and Interpol have announced the establishment of a working group. An announcement from late last week has confirmed the establishment of a new working group looking into money laundering with digital currencies. The group is established through a tripartite partnership between Europol – the criminal intelligence agency of the European Union; INTERPOL, a prominent intergovernmental organization that facilitates international police cooperation and; the Basel....
Abuse expands with use in the case of cryptocurrency, Europol has acknowledged while also noting that blockchain technologies offer authorities a new opportunity to fight crime. Europe’s law enforcement agency also says they can help investigate money laundering networks.
Understanding Cryptocurrencies Is Vital to Tackling Organized Crime, Europol Says
The growing use of cryptocurrency across borders and industries comes with increasing abuse, new forms of crime, and money laundering, the European Union Agency for Law Enforcement Cooperation (Europol) has concluded after....
Europol, Interpol and the Basel Institute on Governance have revealed three focus areas for their planned regulations on cryptocurrency exchanges. Regulations are Definitely Coming. A sure sign that Bitcoin has become more mainstream and accepted than ever is the increase in regulations. Nations are looking for tax revenue from Bitcoin users, and government law enforcement agencies are treating Bitcoin just as they would any other publicly traded currency. Recently, Europol, Interpol and the Basel Institute on Governance have announced that they are going to be much more active with their....
Europol, the European Union's top law enforcement agency, has co-founded a new working group dedicated to digital currencies. The initiative is being co-led by Interpol, the intergovernmental organization focused on law enforcement issues, and the Basel Institute on Governance, a non-profit group focused on financial crimes in the public and private sectors. The working group, according to an announcement last week, will involve the organization of collaborative workshops and a global network comprised of subject matter experts. Europol said in a statement: "Internet technologies....
The European Union’s law enforcement agency, Europol, announced the establishment of a working group on money laundering with digital currencies. This is a “tripartite partnership” with the International Criminal Police Organization (INTERPOL) and the Basel Institute on Governance. The Aim of the Europol-Interpol Working Group. The working group aims to....