FIA Sets Up a New Unit to Combat Crypto-Related Crimes
Share:
Pakistan’s Federal Investigation Agency has launched a cryptocurrency investigation unit operating from the newly operational National Command and Control Center (NC3) to probe digital asset crimes and prevent money laundering and terrorism financing via virtual currency transactions. The unit will work alongside the Pakistan Virtual Assets regulator, signaling stronger crypto enforcement, improved investigative capacity and potential regulatory scrutiny for exchanges, DeFi platforms and other crypto service providers.
Predictions Markets
See what traders are focused on
- The FIA has set up a new unit to operate from the National Command and Control Center.
- The newly created unit will focus on investigating crimes related to crypto transactions.
- Setting up the new unit demonstrates a significant improvement in the FIA’s performance.
Pakistan’s Federal Investigation Agency (FIA) has established a cryptocurrency investigation unit, which will operate from its newly operational National Command and Control Center (NC3). According to reports, the new unit is tasked with preventing money laundering and terrorism financing through virtual currency transactions.
New Unit to Probe Digital Asset Crimes
Dr. Muhammad Athar Waheed, Wing Director of FIA Counter-Terrorism, said the newly created unit would probe the possible use of digital assets in crimes, while working alongside another newly established agency, the Pakistan Virtual As…
Read The Full Article FIA Sets Up a New Unit to Combat Crypto-Related Crimes On Coin Edition.
Read More
Bitcoin Whales Add 46,000 BTC but Weak Network Activity Clouds Recovery
