Pakistan’s Federal Investigation Agency has created a virtual currency investigation unit within the newly launched National Cyber Crime and Control Center (NC3), according to Dawn. The unit will focus on cases involving money laundering and terror financing through virtual assets. An official from the counterterrorism wing said it will work with the newly formed Pakistan Virtual Assets Regulatory Authority, or PVARA, to investigate crimes tied to crypto assets. The official also urged the National Cyber Crime Investigation Agency and the Anti-Narcotics Force to establish similar units to address the use of crypto assets in cybercrime and drug trafficking. At the same time, the FIA has integrated anti-money laundering operations, border entry and exit monitoring, and investigations into human trafficking and migrant smuggling within NC3, while pushing new rules and staff expansion to speed up case handling and improve coordination across enforcement functions.
Pakistan’s Federal Investigation Agency (FIA) has established a virtual currency investigation unit inside the newly launched National Cyber Crime and Control Center (NC3), according to Dawn. The unit is tasked with targeting the use of virtual assets in money laundering and terror financing.
Unit to work with PVARA on crypto-related crime
An official from the counterterrorism wing said the new unit will work with the newly formed Pakistan Virtual Assets Regulatory Authority (PVARA) and focus on investigating crimes involving crypto assets.
The official also recommended that the National Cyber Crime Investigation Agency (NCCIA) and the Anti-Narcotics Force (ANF) set up similar units to address the use of crypto assets in cybercrime and drug trafficking.
NC3 combines multiple enforcement functions
The FIA has also integrated anti-money laundering operations, border entry and exit monitoring, and investigations into human trafficking and migrant smuggling within NC3. It is also advancing new rules and expanding staffing to shorten case-processing times and improve coordination across law enforcement functions.
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