The Canadian city of Calgary’s police force is launching a Cryptocurrency Research Center with blockchain analytics firm Chainalysis to combat crypto crimes.
A sharp move came from the Canadian police force to the increasing number of illegal crypto activities. The Canadian Police Service, which has partnered with Chainalysis to address the increasing crypto crimes, stated that it will establish a Cryptocurrency Research Center. The police agency stated that law enforcement will use blockchain technology to create a strong defense mechanism against crypto crimes. Calgary police force, the largest city in the province of Alberta in western Canada, has also revealed that they have taken a clear stance against illegal crypto activities as a result of this breakthrough.
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The Calgary police force expressed its views on the issue, referring to crypto crimes and crypto-related steps;
“The creation and implementation of the Western Canada Cryptocurrency Investigation Center will strengthen our ability to ensure public safety for citizens, enable proactive policing, develop technical investigative skills, and provide specialist training resources for law enforcement.”
Touching on crypto crimes, which have gained momentum in recent weeks, the police department continued its statements by targeting this issue;
“Cybercrime can make it difficult for law enforcement to fully investigate due to a variety of complex factors, particularly cryptocurrency scams, diverse international locations and jurisdictions, advanced criminal techniques, and rapidly evolving technology.”
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