Pakistan FIA Launches Crypto Investigation Unit for AML/CFT
Pakistan’s Federal Investigation Agency sets up a dedicated unit to probe money laundering and terror financing using cryptocurrencies.
Pakistan’s Federal Investigation Agency (FIA) has established a dedicated cryptocurrency investigation unit to combat money laundering and terrorism financing involving digital assets. The unit operates within the agency’s newly operational National Command and Control Centre (NC3).
The initiative was confirmed by Dr. Muhammad Athar Waheed, Director of the FIA’s Counter-Terrorism Wing, who stated that the unit will focus on tracking illicit transactions and enforcing anti-money laundering (AML) and counter-financing of terrorism (CFT) regulations in the crypto space.
Pakistan has been stepping up its regulatory oversight of cryptocurrencies as part of broader efforts to align with international standards set by the Financial Action Task Force (FATF). The new unit is expected to work closely with financial institutions and other law enforcement bodies to identify and prosecute crypto-related financial crimes.