RATE Group | City of London Police get cryptocurrency training to help tackle money laundering
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City of London Police get cryptocurrency training to help tackle money laundering

23 Jul City of London Police get cryptocurrency training to help tackle money laundering

Posted at 01:33h in Cryptocurrency News by

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Fears that the growth of cryptocurrencies are opening up further opportunities for criminals to launder money have led to the establishment of a new training programme by the City of London Police.

Describing it as a “first of its kind”, a spokesperson for City of London Police confirmed the addition of a cryptocurrency course at their Economic Crime Academy in response to officer’s concerns that they are ill prepared to cope with the new technology.

“It is designed to provide delegates with the skills and knowledge required to recognise and manage cryptocurrencies in an investigation.

Read more: Bitcoin slumps to four-month low

“On successful completion of this course, participants will understand how to detect, seize and investigate the use of cryptocurrencies in an investigative context.

“It will be the first of its kind and…

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