UNODC Calls for Crackdown on Unlicensed VASPs in Southeast Asia

Quick Summary:

The United Nations Office on Drugs and Crime (UNODC) has urged Southeast Asian countries to take strong measures against unlicensed virtual asset service providers (VASPs) in a new report.

Also, they have used AI to create highly convincing fake identities and real-time interactions in multiple languages.

These criminals engage in scams such as identity theft, fake recruitment, and phishing attacks.

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Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab EmiratesNigerNigeria

Topics: Fraudulent activities Market News VASP Crypto Scam

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-08 @ 12:51:50 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 255 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 22957893

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 24 posts per day

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Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

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