BlockNews.com
  • Crypto
  • NFT
  • Metaverse
  • DeFi
  • Business
  • Technology
  • Opinion
  • Guides
No Result
View All Result
SUBSCRIBE
BlockNews.com
  • Crypto
  • NFT
  • Metaverse
  • DeFi
  • Business
  • Technology
  • Opinion
  • Guides
No Result
View All Result
BlockNews.com
No Result
View All Result
Home Business

Binance Holds Crypto Security Training Session For National Bank Of Georgia

BlockNews Team by BlockNews Team
October 12, 2022
in Business, Crypto, Media
Reading Time: 3 mins read
A A
Binance-Georgia
1
SHARES
11
VIEWS
Share on TwitterShare on Reddit

Binance announced that it held a security training session for National Bank of Georgia employees on October 7th. The session was a three-hour gathering focused on fighting cybercrime and financial crime. More than 30 officers attended the training.

You might also like

Mark Cuban Slams Gold Hoarders, Defends Bitcoin

Crypto Exchanges Benefit from US Banking Crisis: JPMorgan

The UAE Central Bank Signs Deal for CBDC Strategy

Binance announced that the Binance Georgia Workshop was the latest held as part of Binance’s global law enforcement training program. The program aims to strengthen the company’s cooperation with local and international authorities to combat financial crime facilitated by digital assets.

According to Tigran Gambaryan’s statement,

 “Binance has the most robust compliance program in the fintech industry, including anti-money laundering (AML) and global sanctions principles, as well as our ability to proactively identify suspicious accounts and fraudulent activity.

 “We thank Georgia’s financial regulators and law enforcement agencies for their cooperation and dedication to addressing challenges in this emerging and fast-growing industry.”

Gambaryan spoke at the event and presented a report on research into digital assets. He shared with staff observations and insights he gained throughout his law enforcement career.

More Sessions In Other Countries For Law Enforcement Training Team

Binance’s law enforcement team has conducted such workshops worldwide. This includes the following countries: France, Germany, Italy, the UK, Norway, Canada, Brazil, Paraguay, and Israel.

The team contributes to global events organized by Interpol, Europol, and Eurojust. According to Binance, workshops similar to Binance Georgia will be held in several other regions and countries over the coming months.

This is Mr. Olga Goncharova’s gratitude statement. He is the Director of Government Relations at Binance,

“We would like to thank Mr. Archil Mestvirishvili, Member of the Board and Vice-Governor of the National Bank of Georgia, for an open dialogue and willingness to contribute to the development of cryptocurrency regulation in Georgia.”

Binance is open to dialogue with regulators around the world. We hope that our experience shared at the conference will be helpful to the Georgian national regulators, and we will continue to develop new and progressive regulated cryptocurrencies in the country. We will see the currency market soon.

Obligation To Practical Compliance

World-class practitioners lead training programs from the Binance Investigations team. The Binance Investigations team employs security experts and former law enforcement officers, including analysts and agents who have helped take down some of the world’s largest criminal platforms, such as Silkroad and Hydra.

A standard one-day training program includes face-to-face workshops on primary blockchain and cryptocurrency concepts. It involves insight into the evolving legal and regulatory environment in which they operate. 

It details Binance’s anti-money laundering (AML) policy and the investigative methods the company has developed to detect and prevent criminal activity.

Due to a robust compliance and AML program, Binance recently received approval and registration in countries such as France, Italy, and Spain, making it one of the few crypto companies in the G7 countries to achieve this.

The Binance Investigations team has responded to over 27,000 law enforcement inquiries in an average of 3 days since November 2021. 

This is faster than any traditional financial institution. Binance is known to law enforcement agencies for its rapid response system unmatched by conventional financial institutions.

Tags: BinancecryptoGeorgia
TweetShareShare

Recommended For You

Mark Cuban Slams Gold Hoarders, Defends Bitcoin

by BlockNews Team
March 27, 2023
0
mark cuban

Mark Cuban and Bill Maher hold opposing views on Bitcoin vs gold investment Cuban argues in favor of Bitcoin's digital ledger and stored value, while Maher prefers gold's...

Read more

Crypto Exchanges Benefit from US Banking Crisis: JPMorgan

by BlockNews Team
March 27, 2023
0
JP Morgan

The collapse of three major banks in the US may have opened up an opportunity for crypto exchanges all over the world, according to JPMorgan Tether took the...

Read more

The UAE Central Bank Signs Deal for CBDC Strategy

by BlockNews Team
March 27, 2023
0
CBUAE

UAE to release a CBDC  and begin its first phase very shorty. The CBDC strategy was first unveiled in February as part of the central bank’s program to...

Read more

‘Surgical Removal’ of Crypto Will Only Weaken USD Dominance, Commentators Say

by BlockNews Team
March 27, 2023
0
crypto dominance

The US banking system will only become more isolated as a result of the surgical removal of cryptocurrencies, which will also damage the dollar's status as the world's...

Read more

Aéropostale’s Exciting Journey into the Metaverse: Introducing AeroPax and AeroWorld

by BlockNews Team
March 27, 2023
0
AeroWorld Aéropostale

Aéropostale launches AeroPax, a collection of 30,000 unique NFT avatars, in partnership with MetaversePlus, offering exclusive perks and access to the upcoming AeroWorld metaverse. The brand has planned...

Read more
Next Post
G20-Logo

G20 Central Bankers Say Stablecoins Are Not Stable, Recommend Crypto Action

Related News

Whatever Happened to Age of Rust? A 2022 Review

Whatever Happened to Age of Rust? A 2022 Review

June 9, 2022
blurr nft marketplace

Blur NFT Trading Marketplace Releases Long Awaited Airdrop

February 15, 2023
magic eden

Magic Eden NFT Marketplace now Allows Credit Card Payments through MoonPay Partnership

February 15, 2023

Browse by Category

  • Breaking News
  • Business
  • Crypto
  • DeFi
  • Finance
  • Gaming
  • Guides
  • Investing
  • Media
  • Metaverse
  • NFT
  • Opinion
  • Politics
  • Social
  • Technology
  • Uncategorized
BlockNews.com

BlockNews.com brings you the most important Crypto and NFT news in the space.

CATEGORIES

  • Breaking News
  • Business
  • Crypto
  • DeFi
  • Finance
  • Gaming
  • Guides
  • Investing
  • Media
  • Metaverse
  • NFT
  • Opinion
  • Politics
  • Social
  • Technology
  • Uncategorized

RECENT POSTS

  • Mark Cuban Slams Gold Hoarders, Defends Bitcoin March 27, 2023
  • Crypto Exchanges Benefit from US Banking Crisis: JPMorgan March 27, 2023
  • The UAE Central Bank Signs Deal for CBDC Strategy March 27, 2023

© 2022 BlockNews.com - Crypto and NFT news website by JRNY Club.

No Result
View All Result
  • Home
  • Crypto
  • NFT
  • Metaverse
  • DeFi
  • Business
  • Technology
  • Opinion
  • Guides

© 2022 BlockNews.com - Crypto and NFT news website by JRNY Club.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?