- The UK NCA is recruiting crypto specialists for its new cybercrime sector
- The position has a salary worth $48,200 to $52,400 annually
- UK seeks to eliminate “dirty money” in the digital network
The National Crime Agency (NCA) in the United Kingdom has announced new initiatives to strengthen its emphasis on crimes in the cryptocurrency sector. The National Cyber Crime Section (NCCU) – the NCA’s cyber-focused command – has established a specialized cryptocurrency unit to investigate cybercrimes committed in the country that include digital currencies such as Bitcoin.
The NCCU Crypto Cell will focus on cryptocurrencies and will have five officers assigned to patrol digital activities proactively.
Chris Lewis-Evans, the NCA infrastructure investigations director, told Cointelegraph, “This is a fascinating opportunity which involves working in a team at the forefront of protecting the UK from cybercrime.”
He further explained how the crypto sector requires a specialist who plays a vital role in the agency’s investigations. With so many blockchain-based crimes last year, it took only a short time until the country would launch a countermeasure for future possible cyber attacks.
NCA has Launched a New Division Against Digital “Dirty Money.”
The NCA looked to employ a cryptocurrency specialist who is well-versed in blockchain forensics and has expertise in investigating malicious digital crimes. The incoming NCA crypto investigator will be responsible for helping ongoing and future crypto-related investigations by offering strategic and tactical guidance to teammates. For this role, the NCA required the candidate to have a strong background in sophisticated blockchain tracing and finding and retrieving seed words.
The opportunity comes with a wage range between 40,200 British pounds ($48,200) to 43,705 British pounds ($52,400) each year. The application ended on January 10.
The decision came after the government called for the elimination of “dirty money” and is intended to boost regulatory emphasis on crypto assets in the country. The UK government submitted a measure in September to combat money laundering, focusing on giving law enforcement more leeway to confiscate illicitly acquired crypto.
In October, detective chief superintendent Andy Gould said that all British police agencies had trained officers to conduct investigations concerning the acquisition and enforcement of encryption.
UK on the Legitimacy of Crypto
Meanwhile, Economic Secretary to the UK Treasury Andrew Griffith announced on January 10 that the existing departments would most likely legislate cryptocurrencies this year. During his hearing before the House of Commons Treasury Select Committee, he also discussed creating the central bank digital currency (CBDC) version of the pound sterling, which may become a vital asset. He also said there would be more discussions on the CBDC in the coming weeks.
In April 2022, former Chancellor of the Exchequer and now prime minister Rishi Sunak said that the country wants to become a “global hub for crypto asset technology.” Meanwhile, authorities have updated the Financial Services and Markets Bill, which includes digital assets such as cryptocurrency.