Tracing of cryptocurrencies transactions related to criminal purposes
Summary
Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Programme Name
Programme Description
Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Call
Detailed Call Description
With the raise of crime-as-a-service market, and growth in the number of connected transactions, use of cryptocurrency as one of the money laundering typology better tracing of cryptocurrency transactions is crucial to keep the ground in the fight against crime and terrorism. On top of it all, clandestine cryptocurrency activities are increasingly facilitated by new developments such as high privacy decentralised exchanges, which while used by perpetrators frustrate the efforts of Police Authorities to detect and recover criminal assets as well as to prevent fraudulent transactions. The future of cryptocurrencies and the extent to which criminals and terrorists will use them will depend on factors such as anonymity, future regulation, law enforcement activities and security of the systems. Innovation should explore these considerations and propose mitigation measures, from legal, organisational, and technical perspectives (including the development of tools and relevant trainings to enhanced tractability of cryptocurrencies transactions. Proposals should also propose cooperation model(s) and tools for the exchange of information between relevant authorities.
The successful proposal should build on the publicly available achievements and findings of related previous national or EU-funded projects.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
70%
Expected EU contribution per project: €6.00 million
Eligibility For Participation Notes
The following exceptions apply: subject to restrictions for the protection of European communication networks.
The following additional eligibility conditions apply: This topic requires the active involvement, as beneficiaries, of at least 3 Police Authorities from at least 3 different EU Member States or Associated Countries. For these participants, applicants must fill in the table “Information about security practitioners” in the application form with all the requested information, following the template provided in the submission IT tool.
Programme Category
EU Competitive ProgrammesTotal Budget
€6.00 millionThematic Categories
- Justice - Security
- Research, Technological Development and Innovation
Eligibility for Participation
- International Organisations
- Legal Entities
- Other Beneficiaries
- Private Bodies
- Researchers/Research Centers/Institutions
- State-owned Enterprises
Call Opening Date
27/06/2024Call Closing Date
20/11/2024National Contact Point(s)
Research and Innovation Foundation
29a Andrea Michalakopoulou, 1075 Nicosia,
P.B. 23422, 1683 Nicosia
Telephone: +357 22205000
Fax: +357 22205001
Email: support@research.org.cy
Website: https://www.research.org.cy/en/
Contact Persons:
Dr. Ioannis Theodorou
Scientific Officer
Τelephone: +357 22 20 50 38
Email: itheodorou@research.org.cy
Christakis Theocharous
Scientific Officer A’
Telephone: +357 22 20 50 29
Email: ctheocharous@research.org.cy