ICPC Urges NASS That Cryptocurrencies Should Be Regulated To Prevent High-profile Crimes

The Independent Corrupt Practices and Other Related Offences Commission has requested that the National Assembly pass legislation regulating cryptocurrency trading in order to prevent criminals from utilizing it to commit terrible crimes. Kidnappers and bandits are now using the medium to commit high-profile crimes such as money laundering and ransom payments for kidnappers, according to the anti-graft agency. Prof. Bolaji Owasanoye, the Chairman of the ICPC, stated this during the opening ceremony of a two-day capacity building retreat with National Assembly and ICPC Board/committee directors on the theme of “Corruption, IFFS, and financing for national development,” which took place on […]