Why is the Council of Europe Convention on Cybercrime called the Budapest Convention?

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The Council of Europe Convention on Cybercrime is commonly referred to as the Budapest Convention because it was opened for signature in Budapest, Hungary, on November 23, 2001.12

As the first international treaty designed to address cybercrime by harmonizing national laws and facilitating cross-border cooperation, it serves as a foundational framework for investigating and prosecuting illegal activities in cyberspace.23