U.S. and Nigeria form group targeting illicit finance and cryptocurrencies

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U.S. and Nigeria form group targeting illicit finance and cryptocurrencies

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Kurt M. Campbell Deputy Secretary of State | Official Website

The United States has announced the formation of a Bilateral Liaison Group with Nigeria to tackle issues related to illicit finance and cryptocurrencies. This initiative is part of a broader effort by the U.S. to work with international partners in promoting cyberspace and digital technologies that support economic growth while addressing cyber threats.

The collaboration aims to enhance Nigeria's ability to investigate and prosecute cybercrimes, as confirmed by the U.S. Department of Justice. "The United States reaffirms our commitment to a close partnership with Nigeria," stated an official from the Office of the Spokesperson.

This new group is expected to strengthen cooperation between the two nations, focusing on countering malicious cyber operations and other digital harms. The joint efforts underscore both countries' dedication to building capacities in cybersecurity and combating financial crimes involving digital currencies.

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