US, Nigeria launch bilateral group to tackle cryptocurrency crimes

To bolster cybersecurity and countering illicit financial activities, the United States of America and Nigeria have established a Bilateral Liaison Group on Illicit Finance and Cryptocurrencies.

This joint initiative is designed to enhance both nations’ capacity to combat cybercrimes, particularly focusing on the growing misuse of cryptocurrencies for illegal transactions.

The US Department of State announced this on Wednesday via its website, reaffirming its commitment to collaborating with Nigeria on critical issues of financial crime and cyber security.