Reacting to the rising attempts by bad actors to dupe crypto investors, the United Kingdom’s National Crime Agency (NCA) plans to form a specialized cryptocurrency and digital assets team to counter the issue.
The NCA posted a job opening on Nov. 4, looking to hire six individuals to create a new team focused on crypto crimes, which will either fall under the National Cyber Crime Unit (NCCU) or the Digital Asset Team. The responsibilities include:
The role requires candidates to have the ability to provide strategic and tactical advice to crypto investigations, conduct blockchain forensic investigations, and analyze various materials.
While the intent behind forming a dedicated team of crypto investigators becomes evident amid rising cyber threats, the NCA did not immediately respond to Cointelegraph’s request for comment.
In 2023, the NCA issued numerous crypto-centric recruitment notices — all hiring for crypto investigators on various levels. The move complements the U.K.’s goal to become a crypto hub as it reignites discussions around building a regulated environment that nurtures the crypto ecosystem instead of penalizing users.
Related: London emerges as world’s most crypto-ready city for business — Research
In August 2023, crypto exchange Coinbase confirmed it was working “seriously” in the U.K. and Europe amid the introduction of the Markets in Crypto-Assets (MiCA) regulation.
A related Coinbase post recognized the U.K. as one of its fastest-growing user markets. “In short, things are happening in Europe that are edging the region ahead and when it comes to embracing the digital economy, the region is preparing for a seismic change in how it uses and thinks about money,” it added.
Magazine: Slumdog
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