The U.S. Department of Justice and the Nigerian government have announced a new partnership called the Bilateral Liaison Group on Illicit Finance and Cryptocurrencies.
This group will work to fight cybercrime and financial crimes connected to digital assets.
Officials say the collaboration is part of the U.S. effort to promote a safer digital space while tackling threats related to cybercrime and illegal activities in the cryptocurrency space. The group’s goal is to help Nigeria better investigate and prosecute these crimes, with a focus on illegal money flows and the misuse of digital currencies.
In a statement, the U.S. Department of State said, “The United States reaffirms our commitment to a close partnership with Nigeria, and the U.S. Department of Justice is continuing its coordination with the Government of Nigeria to build its capacity to pursue cybercrime investigations and prosecutions.”
This collaboration is seen as a significant move in the global fight to regulate digital finance and reduce criminal activities involving digital currencies. It will encourage stronger cooperation and sharing of expertise between the U.S. and Nigeria.
