Cryptocurrencies

    VIDEO: Why are Spanish police using blockchain technology?

    VIDEO: Why are Spanish police using blockchain technology?
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      Spain?s police force has announced that it will be investing in blockchain technology that will arm its officers against drug traffickers who use crypto assets.

      El Espa?ol, a Spanish online newspaper, reported that almost US$115,000 had been spent on the blockchain analysis technology after officers claimed the criminals had been using crypto transactions to cover their tracks.

      The investment comes after police found evidence of gangs paying off corrupt officials with crypto and also using it for money laundering.

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