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<h2 id="header-0">Canadian Police Utilize Chainalysis to Trace Blockchain Transactions</h2><p>Canadian law enforcement has partnered with Chainalysis to trace blockchain transactions, enhancing cybercrime investigations. Police can track crypto from origin to exchange, accessing account details for suspects. The Western Canada <strong><a href="https://www.coingabbar.com/en/crypto-currency-news/brazil-establish-dedicated-crypto-investigation-unit" rel="noopener noreferrer nofollow">Cryptocurrency Investigations</a></strong> Centre, launched in April 2023, focuses on blockchain-related crimes. Canada ranked 22nd in Chainalysis&#39; 2022 Global Crypto Adoption Index, while illicit crypto exposure per 1,000 Canadians was $1,144 CAD. Bank of Canada reported decreased Bitcoin ownership, dropping to 10.1% by the end of 2022 from 13.1% in 2021.</p>

Canadian Police Utilize Chainalysis to Trace Crypto Crimes

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