The training took place from October 17 to 20, and 27 representatives of regulatory and law enforcement agencies attended the lessons. Goal: To enable government officials to improve their skills in detecting and investigating financial crimes committed using cryptocurrencies.
The seminars will cover best practices and practical tools that will make it easier for officials to investigate financial crimes involving crypto-assets. This includes monitoring suspicious transactions across different blockchains, as well as working with analytics software to track crypto assets.
The training course was conducted within the framework of the OSCE project “Innovative solutions to reduce the risks of money laundering through virtual assets.” The project is funded by the USA, UK, Germany, Romania and Poland. It is intended to provide support to the governments of Georgia, Moldova and Ukraine.
“Georgia is the most important partner for us, and the interest in such trainings is very high. This is the second seminar for the country’s authorities dedicated to investigations and virtual assets. The OSCE will continue to help Georgia combat money laundering through cryptocurrencies,” said Vera Strobachova-Budway, Acting Senior Economic Director of the OSCE Office of the Coordinator of Economic and Environmental Activities.
In June, the Central Bank of Georgia announced its readiness to monitor whether cryptocurrency companies comply with anti-money laundering rules. Recently, the Georgian central bank announced preparations for testing the digital lari.
Source: Bits
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