EU Signs Warsaw Convention Protocol to Combat Crypto Crime
European countries and their international partners are moving to strengthen measures against the use of digital currencies in money laundering, organized crime, and terrorist financing. The EU, alongside eight countries, signed a new agreement last Wednesday aimed at improving cross-border efforts to search, freeze, and recover cryptocurrency connected to illicit activity. The UK, Georgia, Hungary, Greece, Luxembourg, Montenegro, Monaco, and San Marino were among the first countries to subscribe to the additional rules governing the search, confiscation, and seizure of proceeds from illicit activity and terrorist financing (Warsaw Convention). Alain Berset, the Council of Europe Secretary General, said stronger international…





