US Launches $5 Million PACIFIC Program to Trace Illicit Crypto Funds

The United States has announced $5 million for a regional program intended to strengthen cryptocurrency investigations and combat illicit financial activity across the Pacific Islands. The Pacific Alliance for Combating Illicit Finance and Cybercrime (PACIFIC) initiative forms part of a broader security package…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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