Alerts Sign-up
Binance, the world's largest cryptocurrency exchange, has announced that it hosted a virtual law enforcement training session for members of the International Criminal Police Organization (INTERPOL). INTERPOL, with its headquarters in Lyon, France, comprises 196 member countries.
Bitcoin on X? Elon Musk opens the door to this possibility
Celebrating 25 years of the euro: a retrospective and future outlook
Bitcoin Documentary Wins Award at Cannes
The AMF and the ACPR warn the public against the activities of several players who offer investments in Forex and derivative products on crypto-assets in France without being authorized to do so
BitPay customers can now purchase goods and pay bills in BNB, LINK and UNI
A Hack of the S.E.C.’s Social Media Account Caused a Bitcoin Frenzy, Briefly
Cryptocurrencies and NFTs in France: CryptOx'R 2024 brings together Web3
Bitcoin swings sharply after false claim that SEC approved ETFs
New proof of reserves for Binance: the exchange finally cleared?
Ternoa gets into DeFi: smart contracts arrive on the betanet
Bitcoin: More than 6,000 merchants accept BTC in their store
Coinbase plans acquisition to expand derivatives offering in EU
Coin Center executive director: New IRS crypto reporting rule 'is not only unconstitutional but also virtually impossible to comply with'
Healthcare blockchain project Galeon wins three awards and soars at CES Las Vegas 2024
Binance US Branch Hires New Compliance Officer
Visa unveils Web3 customer loyalty solution
BTC: Cboe exchange approves listing of Fidelity Investments Bitcoin Spot ETF
European Central Bank lays out €1.2bn plan for development of digital euro
Crypto Council for Innovation survey finds crypto offers alternative to underbanked communities
Prosecutors won't pursue second trial against FTX founder
Capital inflows into crypto products tripled in 2023
Binance places 10 cryptocurrencies under surveillance: the end of privacy-focused tokens?
Lummis: 'Congress must create rules of the road for the crypto asset industry'
Cryptocurrency: After a year of scandals and ups and downs, the appetite for bitcoin is growing
Nexo acquitted of money laundering and tax fraud
Donald Trump sells $2.4 million worth of ETH
Are modular blockchains the answer to scalability problems?
THE TITANS OF WALL STREET AND THE BITCOIN ETF RACE – CRYPTO PERSONALITIES OF 2023
CRYPTO: RIPPLE VERSUS THE SEC, WILL THE WAR CONTINUE IN 2024?
BNB Surges 11% to Overtake Solana as Community Welcomes Sleepless AI
Binance leads training session for INTERPOL officers to address cybercrime threats
Binance Head of Financial Crime Compliance Tigran Gambaryan (left) and INTERPOL President Major General Ahmed Naser Al-Raisi (right) | LinkedIn/tigran-gambaryan, X/INTERPOL_HQ
Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
According to a post on Binance's website, over 30 INTERPOL officers participated in the training held on Jan. 24. The session was led by Binance's Financial Crime Compliance team and focused on digital asset investigations and cybercrime threat mitigation. The company's experts imparted knowledge on the techniques they employ to assist global law enforcement agencies and collaborative efforts such as seizing illicit funds. Jarek Jakubcek, Binance's Head of Law Enforcement Training, stated that the company employs a "holistic and collaborative approach" to cybersecurity and is "honored" to play a leading role in collaborating with law enforcement. In 2023 alone, Binance’s Financial Crime Compliance team conducted 120 law enforcement training sessions.
Horest Au Yeung, an INTERPOL representative, expressed in a statement shared in the post that as digital asset adoption continues to rise, more crimes are being witnessed in the digital space. He emphasized the importance of cross-collaborations between industry experts like Binance and the law enforcement community for effective information sharing and strategy refinement to tackle this emerging type of cyber transgressions. He said: "We recognize the value of these sessions in helping us to foster a deeper understanding of the Web3 space so that we are better prepared to address related threats in the future."
Documents disclosed during Binance's settlement with U.S. government agencies last November revealed praises for Binance's collaboration with global law enforcement agencies from bodies such as the U.S. Financial Crimes Enforcement Network (FinCEN) and the U.S. Office of Foreign Assets Control (OFAC), according to another post. FinCEN acknowledged that Binance "works closely with law enforcement agencies worldwide related to this type of illicit activity, including Hydra, darknet markets, and hacks" and has "proactively cooperated with global law enforcement and blockchain vendors to combat terrorism financing."
Launched in 2017 as per CoinMarketCap, Binance had a daily trading volume of approximately $76 billion as of August 2022, making it the world's largest crypto exchange. Binance lists over 350 tokens and enables users to buy, sell, and store digital assets.
More News
Bruce Pon, co-founder and CEO of Ocean Protocol, said that the combination of "AI and blockchain" unlocks significant "potential" for new entrepreneurial opportunities and substantial value creation.
Irina Heaver, a crypto lawyer at NeosLegal, emphasized the importance of user education in the cryptocurrency sector.
Richard Teng, CEO of Binance, said that cryptocurrency is in the "early stage of adoption" globally, although major institutions are beginning to embrace blockchain and crypto agendas.
De Nederlandsche Bank (DNB) has announced a €2,250,000 fine for Bybit Fintech Limited.
The Polish Financial Supervision Authority (KNF) has added four entities to its public warning list, including Foris DAX MT Limited, operating as Crypto.com.
France Digitale has announced a collaboration with over twenty European startup associations in response to recent reports on the European Union's competitiveness.
Trending
