Hong Kong police tease crypto tracing tool to tackle online crime

Hong Kong Launches CryptoTrace for Web3 Crimes - Blockchain & Cryptocurrencies Tabloid

Hong Kong police introduce CryptoTrace to enhance tracking of Web3 crimes, strengthening security. The post Hong Kong Launches CryptoTrace for Web3 Crimes appeared first on Blockchain & Cryptocurrencies Tabloid.

Hong Kong Police Unveil CryptoTrace Tool to Combat Rising Web3 Crime

In a significant move to safeguard its digital financial system, Hong Kong police have introduced a novel blockchain forensics solution called CryptoTrace. The initiative, spearheaded by the Cyber Security and Technology Crime Bureau (CSTCB), will equip officers with more advanced tools to track illicit crypto transactions and fight growing cybercrime. CryptoTrace: A Collaborative Effort The CryptoTrace platform was unveiled at the Blockchain Se…

East Asia Increases Crypto Oversight as Hong Kong and South Korea Take Action

The East Asia crypto crime problem is a growing worry for many countries in this region. Fraud, scams, and illegal asset transfers are now more common in many countries. Local authorities have started cracking down with tighter rules and more investigations. This push aims to curb the growing cybercrime affecting ordinary digital currency users. Policy makers and financial regulators recognize the urgent need for stronger controls. Authorities U…

Hong Kong police tease crypto tracing tool to tackle online crime

Hong Kong police are ramping up efforts to secure the city’s web3 space with a new tool to help track illegal crypto flows. Hong Kong’s Cyber Security and Technology Crime Bureau revaled on Wednesday its newly developed crypto tracing tool…