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Interpol Team Based in Singapore to Help Countries Combat Crypto Crime

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A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum. Interpol Sets Up Unit to Tackle Crypto-Related Crimes, Top Executive Unveils Cryptocurrencies like bitcoin pose challenges to law enforcement agencies, especially in the absence of a legal framework, Interpol Secretary-General Jürgen Stock was quoted by the Indian press as stating. He arrived in New Delhi for Interpol’s 90th General Assembly which starts on Tuesday and will continue until Oct. 21. During a press conference on Monday, the head of the International Criminal Police Organization (ICPO) also said that cryptocurrencies are emerging as a major threat across the globe. Stock also revealed that Interpol has formed a team in Singapore, home of its Global Complex for Innovation, that wil...