Kenyan legislator: The Criminal Investigation Bureau should actively deal with bitcoin money laundering

According to The Standard, after the Kenya Criminal Investigation Bureau again rectified corruption, some legislators accused it of being more focused on other crimes, such as bitcoin money laundering. Although the Central Bank of Kenya (CBK) made it clear that no entity is currently allowed to provide remittance services and products in Kenya using virtual currency such as bitcoin, there are still many bitcoin transactions on the dark. As a new form of money laundering, Bitcoin money laundering is rapidly developing in Kenya. In this criminal process, the user transfers the bitcoin to the new address in a way that hides the source of funds. In order to combat money laundering in the form of bitcoin, investigative agencies should adequately train their officials to understand cybercrime, understand how criminals use bitcoin to launder money, and extract large amounts of money from Kenya's vault.