Coinspeaker
Canada to Create Solutions for Storing Seized Crypto Assets
In Canada, the Royal Canadian Mounted Police (RCMP) and Shared Services Canada (SSC) are collaborating to develop a groundbreaking digital asset solution aimed at streamlining the seizure and storage of crypto and Non-Fungible Tokens (NFTs) from multiple public blockchains.
On August 10, the RCMP opened a tender inviting applications from technology providers capable of developing a centralized repository solution. This move marks a significant stride in adapting law enforcement methods to the evolving digital era.
The Essential Features of the Crypto Storage Solution
The tender released by the RCMP outlines a comprehensive list of seventeen key features they seek from the future repository solution. Among these requirements is the capability to process transactions for the top 20 cryptocurrencies by market capitalization.
This demonstrates a forward-thinking approach, ensuring that the RCMP’s solution remains re
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