The Calgary Police Service in Canada is partnering with blockchain analytics firm Chainalysis to launch a Cryptocurrency Investigations Centre. The center will enable law enforcement to combat crypto crime, particularly cryptocurrency scams which can be difficult to investigate due to various complex factors. Calgarians reported losses totaling $13.9 million due to cryptocurrency-related crimes to the police last year, and an additional $3.2 million has been reported so far this year.

The partnership will create the CPS Blockchain Investigation Team to support cryptocurrency and blockchain-related investigations. Chainalysis described the new center as an innovative regional center that will enable law enforcement to tackle crime that takes place using blockchain technology.