China News Official TheBitTimes.com

The UK’s National Crime Agency (NCA) is forming a special team to investigate crypto crimes to prevent virtual asset fraud. According to a vacancy posted by the NCA, the agency is looking for six people to create a new team that will investigate crypto crimes. The working group will be part of the National Cyber Crime Unit (NCCU) or the Digital Assets Unit. Salary varies from £42,109 to £45,605. Requirements for candidates include analyzing various materials and suspicious cryptocurrency transactions, monitoring blockchains, and interacting with law enforcement and regulatory authorities. The NCA has stressed that it intends to form a dedicated team of “cryptocurrency investigators” amid rising cyber threats. The move demonstrates the UK’s intention to become a crypto hub as local authorities continue to debate the creation of a regulated environment that protects the interests of users. You might also like: UK legislation on confiscating illegal crypto assets officially re

The U.K. Parliament is currently reviewing the Online Safety Bill (OSB) as a means of internet regulation. If approved, the government would be authorized to mandate messaging companies to create backdoors and require detailed reports of users’ online activity. As the bill approaches approval in UK’s highest chamber, the House of Lords, there are concerns about its potential consequences for global privacy and encryption standards. The bill’s critics argue that this approach may have implications for private conversations and could raise concerns about surveillance vulnerabilities. You might also like: House of Lords conducts final review of financial services bill before returning to House of Commons Stakeholders like the Electronic Frontier Foundation (EFF) have expressed reservations about the OSB, raising potential challenges to online privacy and security. The EFF has emphasized the difficulty of maintaining end-to-end encryption while implementing government -mand