Crimes rising for random<br>use of cryptocurrency

General News

Summary

Experts said that, the rampant use of illicit virtual currency is helping to instigateseveral types of crimes including illegal arms and drug trade, money and human trafficking abroad, terrorist financing and online gambling. In particular, the cyber unit of the police and members of the intelligence agencies are instructed to acquire technical skills through training, acquisition of modern equipment and software. Earlier, a letter was sent to the police headquarters from the Political Division-2 of the Ministry of Home Affairs in this regard on the base of report produced by an intelligence agency. According to the observation of the report of the intelligence agency, since Bitcoin transactions cannot be controlled and its users cannot be identified, its use in various criminal activities may increase in the future with the development of information and communication technology in the country. Cyber units of the police and members of intelligence agencies should take measures to acquire technical skills through training and acquisition of modern equipment and software.

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies