Europol and Interpol Partner to Fight Digital Currency ‘Abuse'
Europol and Interpol have agreed to work together on issues related to the criminal use of digital currencies.
![bitcoin partnership](https://www.coindesk.com/resizer/mm2GrwOYzncpUZ7IQItL2ICcGxU=/567x378/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OEC7434ZMRABDKQTSQ63C5U3RU.jpg)
Europol and Interpol have agreed to work together on issues related to the criminal use of digital currencies.
The partnership became official during this year's Interpol – Europol Cybercrime Conference, an annual gathering of international law enforcement officials, held in The Hague. The event, Europol said, drew more than 350 attendees.
According to a statement from Europol, the partnership will see coordination "against the abuse of virtual currencies for criminal transactions and money laundering".
said:
Other organizations have been invited to join, according to the statement.
The announced partnership comes on the heels of a Europol report that asserted bitcoin could become a common currency for criminals in the European Union. In the past, the agency has pointed to digital currencies as a driver of the "crime-as-a-service" business model.
Interpol has long worked on digital currency related initiatives, including the development of its own cryptocurrency and the launch of a war game series geared toward law enforcement.
Image via Shutterstock