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    Home»Crypto»Russia and Turkey Collaborate in Fighting Criminal-Related Crypto Trading – Bitcoin News
    Crypto

    Russia and Turkey Collaborate in Fighting Criminal-Related Crypto Trading – Bitcoin News

    admin1By admin1November 11, 20223 Mins Read
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    Russia and Turkey Join Forces in Fighting Criminal-Related Crypto Trading

    Law enforcement and judicial authorities in Russia and Turkey are joining forces in fighting cybercrime, including the use of cryptocurrencies for illicit purposes. Agreed.

    Russia, Turkey cooperate to combat crime involving digital space and assets

    Russian Federation Prosecutor General Igor Krasnov and Turkish Justice Minister Bekir Bozdag have signed a new two-year program for cooperation between their departments, TASS reported. The dignitaries met in the Turkish capital.

    One area where the two sides plan to coordinate efforts is combating cybercrime, including the criminal use of cryptocurrencies and other virtual assets. After signing the agreement, Krasnov highlighted Russia’s experience on the ground:

    Russia is developing relevant judicial and investigative practices, updating its laws on digital assets, and piloting the central bank’s digital ruble platform. I have something to share.

    Krasnov also referred to a draft treaty submitted to the United Nations last year to combat the use of high-tech in crime. He said Russia’s proposal would criminalize a wide range of acts “seeking to influence the political system and the minds of ordinary people, as such technology is widely used to promote extremist views.” He emphasized that

    At the same time, according to Russia’s prosecutor general, the West “wants to limit its understanding of cybercrime to a narrow scope of computer crime that does not reflect the essence of the problem.”

    Russia faces increased sanctions introduced by the West in response to its continued aggression against neighboring Ukraine. The unique ability to use crypto assets to evade imposed regulations was also targeted. Next, Russian authorities are considering legalizing crypto payments in cross-border transactions.

    Payments with Russian Mir cards were also restricted in many jurisdictions, but several Turkish banks continued to process them. stopped trading. However, according to Turkish media reports, President Recep Tayyip Erdogan has proposed the development of a new payment system with Russia as an alternative.

    Tags for this story

    contract, collaboration, cooperation, crime, crypto, cryptocurrency, cryptocurrency, cryptocurrency, cybercrime, justice, law enforcement, program, restriction, Russia, sanctions, Turkey, Ukraine, war

    What do you think of the latest cooperation between Russia and Turkey? Let us know in the comments section below.

    Lubomir Tasev

    Lubomir Tasev, a tech-savvy journalist from Eastern Europe, loves what Hitchens says. In addition to cryptocurrencies, blockchain and fintech, international politics and economics are sources of inspiration.

    image credit: Shutterstock, Pixabay, Wiki Commons

    Disclaimer: This article is for informational purposes only. This is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. NEITHER THE COMPANY NOR THE AUTHOR WILL BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY DAMAGE OR LOSS ARISING OR ALLEGED TO OCCUR ARISING OUT OF OR RELATING TO YOUR USE OF OR RELIANCE ON ANY CONTENT, PRODUCTS OR SERVICES DESCRIBED IN THIS ARTICLE. We are not responsible.

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