With the release of new products like Libra from big companies like Facebook, there is a sense of urgency among regulators and law enforcement on what to do with crypto. Most don’t even have a clue about what crypto is and how the technology behind it works. Beyond a lack of regulation, another aspect that law enforcement struggles with is how to enforce existing law when it comes to crypto. Indian law enforcement has decided to do something about this and has sent of notification inviting suitable candidates from within the police force to attend a short course on crypto and blockchain.
Need for enforcement
The need for enforcement has been a problem for a while now, as mentioned before, law enforcement agencies are having trouble enforcing existing laws. This mainly arises from the lack of technical knowledge authorities have regarding, and with the rise in crimes relating to cryptocurrencies, the need for enforcement is growing. And there’s also the concern regarding the use of crypto for criminal activities, and for this, the agencies in the country are ill prepared. And most tools and techniques used to investigate and prosecute traditionally are hopelessly useless when it comes to crypto related crimes. This problem is made worse due to the lack of expertise in this field.
Training on Cryptocurrencies
This is a first of a kind in the world where explicit training is given to police officials on crypto, The course is titled investigation of cases involving cryptocurrencies. It is India‘s effort to combat rising crypto crimes and scams, and the country had a fair share of it recently. There are four objectives for the course. The first is an introduction to functions of crypto and blockchain technology meant to familiarise the participants with crypto. The second objective deals with the legal aspects of crypto, Crimes committed by crypto are also covered by the course. And the final objective is the Investigation of cases involving cryptocurrencies, all of this combined will give the participants a good understanding as to how to handle such cases.
The course will be held at Hyderabad in a training academy called Sardar Vallabhbhai Patel National Police Academy, and the notification was made public on June 11th 2019. The course span a duration of two days, and is scheduled on September 05-06. Even though two days won’t do much in preparing law enforcement, this is a step in the right direction. Participants will be chosen from a list of nominated candidates. as crypto flourishes, we can expect more of such courses, and one day it might end up becoming part of regular police training curriculum.
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