Canada to develop repository for storing crypto and NFT seizures

The Royal Canadian Mounted Police (RCMP) is looking for a digital possession service to facilitate the seizure and storage of cryptocurrency and nonfungible tokens (NFTs). According to an announcement, a tender was opened for applications on Aug. 10 for a service to shop seized digital assets:”The development of a central repository solution would permit police officers to seize these assets in a user friendly manner, while also providing significant security to avoid the theft of said possessions throughout their storage.”The RCMP demands 17 requirements from the future repository.

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