MIA: cryptocurrency migrated into the pockets of drug dealers and terrorists

The interior Ministry has declared “war” cryptocurrency and modern payment systems are now being used in criminal circles, in particular, drug traffickers and terrorists. On Wednesday, September 13, at the plenary session of the 37th conference “ASEANAPOL” in Singapore, said the head of the interior Ministry, police General Vladimir Kolokoltsev.


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– Cryptocurrency and modern electronic payment systems are used for concealment and money laundering and the financing of terrorist activities. In this regard, all the more urgent becomes the task of improving cooperation between the competent authorities to prevent the use of innovative resources for criminal purposes, – said Kolokoltsev, addressing the participants of the conference.

He also urged his colleagues to conduct coordinated operational activities to combat drug trafficking groups. For example, today much attention is paid to the improvement of the contacts at the police line. In July of this year between Russia and ASEAN launched the mechanism of meetings of senior officials to combat drug trafficking.

The Minister also praised Russia’s cooperation with law enforcement authorities of the member States of ASEAN on the fight against crime and, in particular, terrorism.

The primary task of international police cooperation consider counter-terrorism, and crimes of extremist orientation, – said the Minister at the meeting with the Minister of internal Affairs of Singapore Kasiviswanathan Shanmugam, adding that Russian authorities are ready to share their extensive experience in this field.

The exchange of information, according to the Minister, can be carried out on a bilateral basis, and Interpol, whose members are Russia and Singapore.

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