Pakistan, July 28 -- Pakistan's Federal Investigation (FIA) has launched a technology-driven nationwide initiative to strengthen its fight against terrorism financing, crypto currency-related crimes and money laundering.

Read More: FIA launches crypto unit to curb financial crimes

As part of the initiative, the is establishing a dedicated Virtual Currency Cell, an Integrated Counter Financing of Terrorism (CFT) Fusion Centre and an artificial intelligence-powered risk assessment system aimed at improving financial crime detection and investigations.

According to FIA sources, authorities identified 38 terrorism financing cases and five cases involving the use of cryptocurrency for terrorism financing within the past month alone, highlig...