Binance Holds Online Training For Ukrainian Law Enforcement And Supervisory Agencys In The Field Of Crypto And Blockchain

Binance conducts training related to crypto and blockchain for agencies in Ukraine. (Photo; Doc. Beincrypto)

JAKARTA - Binance, the world's largest digital asset exchange, recently provided training to law enforcement agencies and Ukrainian regulatory bodies in the form of online seminars aimed at increasing knowledge and understanding of cryptocurrencies and blockchain technology.

During the event, representatives of crypto trading platforms provided information about Binance's anti-money laundering policies and methods used by exchanges to detect and prevent fraud.

The seminar was attended by employees of the Ukrainian Cyber Police, the Ukrainian Security Agency, and the Asset Recovery and Management Agency. Kiril Khomyakov, general manager of Binance for Ukraine and Central Europe, stated that Ukraine is fighting fiercely with Russia and responding to various daily challenges, including financial crimes that threaten the stability and security of the country's financial ecosystem. Binance's goal is to unite efforts to prevent cybercrime and terrorism financing.

Ukrainian law enforcement agencies continue to fight crypto-related crimes, such as a fraudulent scheme that Cyberpolice thwarted in November last year and this unit has supported the legalization of cryptocurrencies in the country. Ukraine is also a leader in crypto adoption in Eastern Europe and has taken steps to regulate the market in collaboration with its participants.

Binance has been involved in more than 30 workshops on cybercrimes and financial crimes over the past year, which were attended by representatives of law enforcement agencies from various countries.

In addition, they have also been involved in educational projects in the region, such as supporting Georgia in developing the crypto sector through crypto-focused education and events in February, as well as launching a blockchain education program in Kazakhstan in December and offering support for Azerbaijan's regulatory efforts.

Through this online seminar, it is hoped that the knowledge and understanding of cryptocurrencies and blockchain technology in Ukraine will increase, and law enforcement agencies can strengthen their efforts to fight crypto-related crimes and maintain the stability of the country's financial ecosystem.