Interpol Plans to Unit to Fight Crypto Crimes

Interpol, the world’s largest global police organization, has set up a special team in Singapore to help governments fight crimes involving virtual assets. Interpol made the announcement at a press conference ahead of its general assembly in Delhi, which is to be attended by high-profile police officials from its 195 members. Interpol Secretary General Jürgen Stock said that the absence of a legal framework for cryptocurrencies poses challenges to law enforcement agencies, which do not have the resources to address crypto crimes.