Bitcoin (BTC) and cryptocurrencies On the one hand, its use in our daily lives has increased, on the other hand, it has become the focus of attention of criminals.
However, experts believe that the basis of cryptocurrencies blockchain said its technology is key in the battle against crypto criminals.
Dealing with crypto criminals and reducing the use of cryptocurrencies in crime was held last week in The Hague, Netherlands, with the support of the Basel Institute of Management and hosted by Europol. 6th Global Conference on Crime Finance and Cryptocurrencies became the focus.
gathered at this conference crypto- Due to its open nature to professionals and financial researchers blockchain agreed that its technology also provides authorities with a key means of combating organized crime.
Experts are experts at the nature of the blockchain network to a certain extent. cryptocurrency He said it has the ability to track transactions and that these unique features offer an opportunity to investigate organized crime and money laundering networks and identify criminals.
The conference was also attended by European regulators, experts from the world’s largest cryptocurrency exchange Binance, and representatives of blockchain companies Chainalysis, CypherTrace and TRM Labs.
Representatives of the important players of the market also said the following on the subject:
“While accepting that the use of cryptocurrencies has spread to almost every country and sector, facilitating new technologies, it is necessary to accept that they are widely used in the commission of crimes.”
Finally, conference attendees added that the fight against organized crime such as money laundering and drug trafficking requires the right tools, capacity and cooperation.
Europol on this “All parties involved in the fight against crime, such as law enforcement, regulators, and the private sector, are working hard to deter and catch those who misuse crypto assets to commit crime and money laundering.” said.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!