Coming as the latest development in the Indian crypto ecosystem, the national police academy of India has initiated a digital asset and cryptocurrency course aimed to educate officers of the Indian Police Service.
Four objectives of Cryptocurrency Course
The Sardar Vallabhbhai Patel National Police Academy, which is India’s foremost police training academy, has declared the launch of the aforementioned course in order to train the police officers about the nitty-gritty details of cryptocurrencies and virtual assets.
It is to be noted that the title of the course is “Investigation of cases involving cryptocurrencies.” The course is scheduled to be held on September 5 and 6 at the Sardar Vallabhbhai Patel National Police Academy, which is based out of Hyderabad. Moreover, the institute explained that the officers taking part in the course will be nominated IPS officers of the rank of Additional Superintendent of Police to Inspector General of Police.
The course has 4 primary goals, as per the institute’s pronouncement. Besides the “Introduction of the functioning of cryptocurrencies and blockchain technology,” participating officers will be trained regarding the “legal aspects of cryptocurrencies, crimes committed using cryptocurrencies, investigation of cases involving cryptocurrencies.”
Cybercrime Unit & Cryptocurrency Forensics Lab
Remarkably, India’s previous Union Home Minister Rajnath Singh inducted a national cyber forensics lab, in the month of February this year. The cyber forensics lab comprised of a cryptocurrency forensics lab, and the Delhi Police’s cybercrime unit called the CYPAD.
In the interim, the supreme court of India is scheduled to listen to the crypto case on July 23. The apex court is anticipated to deal with the banking ban by the central bank after frequently rescheduling the case.
What do you think about the state of regulation regarding cryptocurrencies and digital assets in India and other Asian countries. Let us know in the comments below!