EU and Eight Nations Sign Crypto Crime Protocol
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The EU and eight nations have signed a protocol updating the Warsaw Convention to cover crypto assets and strengthen cross-border cooperation against financial crime.
The European Union and eight nations have signed an additional protocol to the Warsaw Convention, extending the treaty’s scope to include crypto assets, according to Bitcoin.com News.
The update broadens the responsibilities and powers of financial intelligence units in relation to crypto assets, bringing them more explicitly within the convention’s framework for combating financial crime.
The protocol also aims to strengthen international cooperation and shorten response times for information requests between countries. These changes are intended to support authorities handling cross-border investigations involving crypto assets.
Source: Bitcoin.com News
