• Binance, the world’s largest digital asset exchange, has provided training to Ukrainian law enforcement agencies in the form of online seminars on cryptocurrencies and blockchain technologies.
• The training covered Binance’s anti-money laundering policy and methods developed by the exchange to detect and prevent fraud.
• The exchange has been involved in dozens of similar initiatives over the past year, including workshops attended by representatives from various nations.
Binance Trains Ukraine’s Cyberpolice and Security Service
Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine.
Binance Provides Crypto Training to Security Officials in Ukraine
The world’s largest digital asset exchange, Binance, has provided training to Ukrainian law enforcement agencies and regulatory bodies in the form of online seminars for their staff devoted to cryptocurrencies and blockchain technologies.
A representative of the crypto trading platform informed the participants about Binance’s anti-money laundering policy, as well as methods developed by the exchange to detect and prevent fraud.
Participants of Training Courses
Employees of the Ukrainian Cyberpolice, which is the cybercrime combatting unit of the National Police of Ukraine (NPU), the Security Service of Ukraine (SBU), and the Asset Recovery and Management Agency (ARMA) attended these classes.
Ukraine Fights with Russia
Kiril Khomyakov, Binance general manager for Ukraine and Central Europe noted that „Ukraine, which is fighting a bitter war with Russia, responds to various challenges on a daily basis. Among them are financial crimes that threaten the stability and security of the country’s financial ecosystem. Our goal is to unite efforts to prevent cybercrime and, in particular, financing terrorism.“
< h2 >Binance’s Involvement
< p >Ukraine‘ s law enforcement agencies are involved in operations against crypto-related crime. In November last year ,the Cyberpolice force hit a fraud scheme making €200 million a year by luring investors through call centers across Europe .The unit has also voiced support for legalization of cryptocurrencies .In March last year ,it started accepting crypto donations .
< P >Binanc e ’s Investigations team has hostedand participatedin over 30 workshops on cybercrimeand financial crimeoverthepastyear ,attendedbyrepresentativesoflaw enforcementservicesfromvariousnations .Theexchangehasalsobeenengagedineducationalprojectsin theregion .